OG twitter account: suspended
price: held
community: didn't sell
if your coin can survive losing its main account on day one and the chart doesn't dump, the holders are real
most coins can't survive a bad tweet. $PUNK survived losing an entire account
BAYC launched may 2021. sold out in hours. hit $1B+ mcap within months
@cryptopunks existed 4 years before that and inspired all of it
$PUNK is what happens when the original community, the one that started everything, finally gets a ticker
Dear CryptoPunks Holders,
We've seen the recent commentary circulating around our airdrop and we want to address it directly and transparently.
First, let's talk about the so-called "social engineering" narrative. We understand skepticism is healthy in this space, but skepticism without evidence isn't analysis, it's FUD. Every project that gains organic traction gets hit with this accusation. We'd rather let the facts speak.
On the technical side: our smart contract was specifically designed with anti-snipe measures from day one. Buy transactions were capped at 0.3% of total supply per wallet at launch, precisely to prevent anyone from dominating early price action and to ensure fair distribution across the community. This is not something a poorly executed or malicious project does. This is what a team that actually cares about its project does.
Now, regarding the distribution issues. yes, there was a problem. Approximately 10% of the supply did not reach its intended recipients due to a technical issue. We want to be crystal clear: we did not pocket that allocation. We burnt all of it, accidentally, and then we purchased those tokens with our own funds at market price and manually sent them to the holders that had not received their airdrop
We're not here to pump a quarter and ride the wave. We're here to build something that lasts in the CryptoPunks ecosystem. And if we weren’t, we would already be out. We’re holders, just like anyone else that buys on the open market
We respect @PunksOTC and the nuance in their analysis, but we'd invite anyone with genuine questions to look at the coin, our on-chain distribution records, and our team's actions when things didn't go perfectly. That's where character shows
The holders.
our biggest regret is not manually checking if everyone got the airdrop
we’re sorry
we didn’t airdrop the 3984 cryptopunks wallet
we airdropped ~3333 and the rest were burnt accidentally
and this is why some of you don’t like $PUNK
we’re sorry
how can we fix this?
why airdrops to @cryptopunks never worked, and why this one is different
let's be honest. every previous airdrop to punk holders failed. @punksOTC was right about that. the pattern is real. but the pattern has a reason, and the reason is what matters
every previous airdrop was a random project trying to borrow the punk brand. some DeFi protocol or NFT collection would airdrop to punk wallets as a marketing stunt. "we airdropped to punk holders" was the headline. the punks were the billboard, not the point
the punks had no connection to the project. no reason to care. no reason to hold. it was free money from a stranger. of course they sold. anyone would
$PUNK is different for one simple reason: there is no separate project
there's no DeFi protocol using punks for credibility. no NFT collection borrowing the name. no team building something else and hoping punks will care
the token IS the community. the entire thesis is: the oldest, most connected, most convicted community in crypto deserves a liquid ticker
and the numbers prove it
2800 punk holders are still holding their $PUNK. 92% diamond hands. only around 200 punks sold
previous airdrops to punks? most were majority sold. the sell rate on $PUNK is 6%, after 24 hours of the timeline questioning everything about it