masters in management student in london. interested in all things web3. arsenal fan through and through. Soon to be entering the world of Private Equity.
And another fresh update @Nakamigos
It has been quite a week with these little fellas. A lot of negativity, FUD, but overall the community has just stayed positive and rallied together trying to have fun, which this space should be about.
All projects that are big today started at nothing, we never know which project will make it and which project will fail, in the end that's all kind of a gamble.
A lot of people use the pump and dump term way to loosely in my opinion, we don't know if Nakamigos will be looked as a pump and dump in hindsight. But what we do know is that we shouldn't just put the stamp on it that easy.
To me this is just a big community of people that haven't found their place in this space. The little guys that don't have hefty bags and are trying to build something for their own. They want to try and take their place in this space, what's wrong with that? Nobody knows if they will succeed or not, but they are at least trying and bringing some fun and joy to the space.
To me I hope they succeed massively, not because of the monetary aspect, but as a way to show people that you can't just shut a project down because you are influential. To teach those people a lesson of being humble.
We should help each other out in this space, and give each other a spotlight to shine, rather than hating and putting them a dark place.
Solely for that reason I hope @Nakamigos succeeds, as a reminder to people that everyone had to start somewhere, that this space is for everyone that wants to have a go at it.
Imagine how a lot of people that went into Nakamigos feel right now, there are a lot of new people, for them this is their first community, their first project, they love it and now all of the sudden they are getting a lot of crap. Why? Because people have stamped it as a pump and dump and smh because it has done really well in a bear market a lot of people have gone after that.
That being said, once more, I have no clue what will happen. There could be a big group of whales behind it, that are doing it artificially, there is always that chance.
I just know, that I would have no clue if it was. The team could be something epic, it could also just be a team after money, again I have no clue who the team is.
I am just going with my gut feeling and to me, this feels amazing and after the FUD and hate, I even feel more aligned with Nakamigos because I always will stand up for the little guy and will defend them if I feel injustice at place.
So yesterday I did my second experiment, a tweet of how many Nakamigos were present, I did one 4 days ago as well, and based on sentiment you would have thought it would have gotten lower traction, it actually got more traction, good sign!
The volume has gone up again and we have seen another big account tweet about Nakamigos after @beeple having done 3 posts already.
This time it was @10KTFshop a really well respected project in this space. The project was started by @beeple and later acquired by @yugalabs the project behind @BoredApeYC and the owner of @cryptopunks.
So what does this mean? I have no idea. I am not a fan of big speculation and theories. I just observe and follow things.
The market seemed to like it, as we have gone from 0.5 $ETH to 0.7 $ETH and the volume has kept climbing. We are still seeing a lot of people buying a Nakamigo over floor, which means people are still buying the things they like.
Have a great day everyone 🌕😻
1/4
After seeing a lot of good posts from @CapetainTrippy, @nullinger and @MoonOverlord and reviewing the markets myself I had to say to myself, this feels like a great buying opportunity for @Nakamigos
I just added 116 Nakamigos for 50 $ETH, and have a total of 349 now
@mooncat2878@Nakamigos Literally. Just let people buy what they want…
If you don’t like it, there’s better things to do than be bitter about it on the internet.
It seems there is a lot of FUD around @Nakamigos right now, which happens most of a time when a project does well, that's nothing new
I wanted you all to give my take on what I feel re the Migos
I came across them a little while ago after a few people I respect tweeted about them, after that I saw @krybharat being #1 holder and I decided to make a degen play with 20 $ETH
I knew it could go to 0, but I also knew it could do well! How well? You never know in this crazy market
After watching and analyzing the Nakamigos for a few days to me it feels like an excited community that is just having a lot of fun. They are on spaces 24/7, they have the highest social presence, @beeple tweeted about it and it all has just been fun and friendly
In the beginning there were rumors of Yuga and Larvalabs, obviously everyone knows these are false
@sartoshi_rip seems to have to do something with it, what exactly who knows? This automatically means the mfer community as well, which to me always has been one of the most genuine communities in this space
With a new project that does well, people always seem to find reasons that makes the project invalid. Most of them are pointless and even based on almost nothing.
I just disregard those things myself, when the market reacts on those things and the price goes down, I just buy more.
I have no clue what @Nakamigos will do, they could go to 0, they could go to 5 $ETH. Who knows?
The thing that matters is that people shouldn't be hateful because they missed something or just don't like something. I feel when a project doesn't do anything shady and a lot of people get behind it because they like it, why would you not applaud that?
It seems to have brought a lot of people back into NFTs or for the first time? Aren't we all trying to bring more adoption? And shouldn't all little things count in that way.
The FUD around this will only make the project stronger so even doing it makes no sense if you want to do the project harm, most of the times the opposite happens.