@Potat0ken@LaunchOnSF@EtherRockSol Even just update maybe a reason as to why it’s even happening would be appreciated. Just so we can tell our people and stop the bleeding . Thanks 🙏 @LaunchOnSF
Definitely appreciate yall and the platform for sure , however the reward bug is truly devastating to some seriously good coins right now … people are freakin out hahaha . We are the only surviving ETH pair and have the highest apr as well . But there’s like $20k worth of eth rewards just clogged rn 😩😩😩. @LaunchOnSF
You deserve to hold somthing as solid as solana:7LxC96Ag4DnBotK6bMMUj4kdneAo1kdV1xHnzVF5s7W2 g !!!
The top holders and leaders here are beyond bullish and crazy strong holders , the rock bag gives you super human strength , it’s why we’re all jacked af hahaha !!!
The lore is absolute and we are by far the only surviving ETH pair on the Stonk platform . We are the solana:HcRLc9VDgjLeK154xDawfb1dmVJ98DoSqcwTHGqiDeJR of ethereum:native
You’re an absolute solana:7LxC96Ag4DnBotK6bMMUj4kdneAo1kdV1xHnzVF5s7W2 HARD Legend @0xMerp !!!
Yeaaaa We ARE the ETH runner on stonk at this point . Just haven’t fully been noticed yet , to many shinny shinny jingle jingles around atm haha .
I’m not dropping my ROCK back though
Nuhun .
holy fuck just took the most insane nap ever this is why i dont go out anymore
insane amounts of pvp going on over the last few days, cat thing, x coin meta etc.
prolly has to do with majors running so hard and people reverting back to thinking theyre late to the good coins onchain or something
seems like stonk will be getting a nice raydium assist upgrade in the next few days or week, unsure if this will have greater price benefit to the actual stonk token or the highest mcap stonk coins, or maybe even the smaller mcap coins the most of all, optimistic this can help small cap tokens sustain 'healthier' price action, this mechanism for example, has jeeted $275,000 in ROCK Tokens alone
not even sure how many ROCK tokens that i have given away at this point, at some length to prove a point, but on another level, im wondering if decentralizing the supply of a memecoin can have marketing effects that provide immensely greater future marketing value than the current $ value of the tokens - create an army of bullposters with zero or super low cost basis and you can drown out competitors
(ANSEM ATH $250m? - Rocks $1.5m seems cheap given how much baked in lore there is for the concept ?)
if the effect is able to be replicated on even 1/10 the same level then idk this coin should just go giga right
still hodling my rocks and my drills, my drills are staked on the actual game so if u check my fomo and do not see the tokens that is why, i still havent sold any drills for a while (maybe retarded but we ride) i still think the game is likely too complicated for most people to instantly see the value prop but am confident that the team will realize this and the amount of iterations already has been insane and hopefully they will find the right iteration
i also bought the WOW token - drills and rocks and gold, it seems too fitting
ITS THE FUCKING ROBOT MINES LIKE COME ON PLEASE DONALD TRUMP PUMP MY BAGS
mostly just ranting
Why do I think $ROCK is undervalued at $1.5M?
Start with the simplest part: it pays me to hold it.
Right now I’m earning roughly $500/day in $ETH from my position. If volume keeps growing from here, the yield starts getting pretty stupid relative to a $2M valuation.
Then look at where it sits on @LaunchOnSF.
$ROCK is already the largest $ETH pair, yet trades at roughly 1/10th the valuation of other coins producing far less yield.
So you have actual cash flow, the dominant ETH pair, and then the part you can’t really model: the meme.
Ether Rocks already have some of the best lore in crypto. People have paid millions for pictures of rocks. A rock being sent to millions of people is exactly the kind of absurd story that gets picked up outside CT.
At $2M, I don’t think the market is pricing much of that in yet.
If you’re rocklined, it may be time to fix that.
This is the most solana:7LxC96Ag4DnBotK6bMMUj4kdneAo1kdV1xHnzVF5s7W2 SOLID thesis around !!! We are the ONLY surviving ethereum:native pair , with the BEST ETH lore , and the best return on investment from mining ETH !
Hold this solana:7LxC96Ag4DnBotK6bMMUj4kdneAo1kdV1xHnzVF5s7W2 change your future !!!
@EtherRockSol
@banterlytics solana:7LxC96Ag4DnBotK6bMMUj4kdneAo1kdV1xHnzVF5s7W2 Mentioned !!! WE ALL YEARN FOR THE solana:7LxC96Ag4DnBotK6bMMUj4kdneAo1kdV1xHnzVF5s7W2 MINES !!!
@EtherRockSol You sir are absolutely right !!! @gabrielhaines
This solana:7LxC96Ag4DnBotK6bMMUj4kdneAo1kdV1xHnzVF5s7W2 is the key to changing the future of your bloodline !!!
“Dad why are we so rich ?”
“Well son it’s simple I held a bag of $ROCK’s !” @EtherRockSol
@gabrielhaines@0xMerp You sir are absolutely right !!! @gabrielhaines
This solana:7LxC96Ag4DnBotK6bMMUj4kdneAo1kdV1xHnzVF5s7W2 is the key to changing the future of your bloodline !!!
“Dad why are we so rich ?”
“Well son it’s simple I held a bag of $ROCK’s !” @EtherRockSol
$ROCK continues to be one of the most undervalued assets on @LaunchOnSF.
Annual yield continues to be at 6200% APY, compared to other large pairs:
- ZCAT 145%
- KNOTS 731%
- PURR 3.6K%
Yet ROCK continues to trade at 1/100th of the valuation.
Data: Stonk Board
Alright, now that all of the shenanigans have smoothed over (huge headache and a half) here's a status update with solana:7LxC96Ag4DnBotK6bMMUj4kdneAo1kdV1xHnzVF5s7W2
- Again, my main thesis is that reflection tokens on StonkFun usually have strong memetic value tied to the underlying pairing (see ZCAT, ALLINU, PURR, LEVERCAT). It would simply make sense for🪨to capture the value in terms of ETH payouts given the lore behind ether rocks (homage to one of the most known NFT collections, ether rocks being in the news, etc).
- The memetic value hasn't been lost with a lot of the existing holders. @pk79z (top holder) literally wants to buy an ether rock with the ETH payouts, @0xMerp will give out a Patek if this gets to 100m MCAP, etc. Even with everything going on, it appears that the current community is very much aligned and looking to push forward. It's been a while since I've had this much fun in crypto tbh.
- 🪨at its current state is currently providing very strong payouts to its holders, with the 3rd highest annual APR of the top 15 STONK coins in the past 3 days at 502.6% (ss from The Stonk Board by @AgentChud)
- In addition to the strong upside value in the underlying token in🪨, you're also betting on the upside of crypto in general due to its pairing with one of the majors. At its current MCAP, 🪨 is the current leading ETH pairing for StonkFun reflection tokens, and I anticipate it will continue to cement itself as such
- Sometimes it's as easy as the chart looking insanely good and the🪨just sending. Classic half pipe shit.
Anyway, I personally like to take things step by step. First goal is to get into the top 10 of STONK coins for eligibility in 's flywheel, that essentially buys back StonkFun coins using a share of trading fees (in which the tokens are burnt thereafter).
Let's see where we go from there.