My opinion on what's going on around $PNKSTR
I'd like to point out that some people's logic seems to be blocked from understanding $PNKST. It seems like they've been in crypto for a long time, like they've long understood the mechanics, and yet there's a complete lack of understanding of where the value in a product comes from... It's very similar to those who haven't understood Bitcoin for years and why it should appreciate...
There's a simple mechanic. It's important to understand why and how the number of NFTs in a project is growing, and they "don't fall in price" and can even increase. These aren't memtokens, they're "conditional value" that can itself appreciate.
It's also important to understand that the mechanics themselves have a built-in flywheel. If someone significantly withdraws from the XXXCT token, this will generate additional fees that will be used to buy additional NFTs, which will shift the Treasury/MarketCap ratio, which in turn will push other buyers to buy back and generate a new coin. Barring major hacks, this could work practically indefinitely.
You see, if, for example, you owned 0.5% of all the paintings by Pablo Picasso or, say, Da Vinci, you understand that the value of these 0.5% would always increase relative to fiat currency. Why is there such a complete lack of understanding here?
Yes, of course, $DICKSTR is hardly Da Vinci, but why not Punky... In short, I have a funny feeling, despite the fact that a month has already passed since I wrote about the project almost every day, it’s surprising that even those who have been “buying and selling” for a long time still don’t understand what exactly they are buying and selling)
It's so funny and sad to see panickers jumping out of $PNKSTR on small dips. I tried to add to the panic and drained a little from several accounts to provoke others and entered at $0.13)))) Maybe I'm wrong, but IMHO it's worth it)
The team's solution to the NFT substitution problem seemed very strange to me. Or rather, there's no solution, and they don't consider it a problem... Okay, after recalculating and thinking about it, I decided to leave the "alcoins of STR" group. Newly launched collections without this vulnerability would be of interest to me.
but existing, especially expensive collections with high floor, in my opinion, may face problems, I left $APYSTR, $PUDGYSTR and almost everything was transferred back to $PNKSTR for the project in general I am still very bullish, I think $PNKSTR will break through highs in the near future, but it seems 99% don't realize the problem NFT substitutions can cause. Perhaps this will never happen because harm can be intentionally caused to oneself and the project, but it is possible, and I am not happy about it.
If it weren't for this exploit, I would have been sitting in $PUDGYSTR and $APESTR for a long time, but it scares me, and there will still be tokens of cool collections, especially since I'm sure that soon we will see listings of $PNKSTR on major CEX.
I personally only choose the $STR token for myself for the long term.
#1 $PNKSTR
#2 $PUDGYSTR
#3 $DOODSTR (Doodles)
I also think $APESTR has a future, but I decided to choose Penguins because they have more organic growth.
The other tokens are also worth playing with and making money, but these are my top picks.
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token $PNKSTR also performs an important social function
you may have noticed that all the cheapest punks are girls, so it becomes profitable for owners of tokens #PNKSTR to promote social equality so that girls are valued as much as men!
BRILLIANT!
We are OVERSUBSCRIBED 🥳
Thanks to you and every single member of the OFC community who participated in our sale. You made this happen!
Let's celebrate in the comments 👇