Almost a year in this space and everyone’s been telling me to sell before reveal and I’ve never done that and also never have I ever gotten anything better than a common …
Patience finally pays off…
Hello my top 50 #Beepo@thebeepos thank you guys♥️
#Beep#Boop#Beepos
Mint is live in ~1h40m.
· 1 for holding PNKSTR
· 1 for holding CMD
· 5 per S02 NFT (and 1 free claim)
· 3 per S01 NFT
24h allowlist window, then public opens (3 per wallet).
The allowlist is slightly over-allocated, but should easily hit public.
We're 9 Punk sales away from 2 PunkStrategy Punks being the floor, listed at 32.83e and 32.89e.
If these Punks sell, 7.4M (0.74%) of the PNKSTR supply would be bought and burned.
BTC > ETH > punks > $PNKSTR
As BTC's recovery continues, I expect eth and punks to run soon.
7 of the 42 cheapest listed punks are PNKSTR listings.
PNKSTR holds 41 punks priced up to 69 eth.
It will reprice quickly imo once its punks start to sell.
APESTR did a quick 8x with the recent BAYC renaissance, before giving back 75% of those gains as its inventory of listings depleted.
PNKSTR's listing are spread more evenly and it has the added benefit of fee contributions from other strategy tokens.
The protocol is a perpetual bid on punks.
Expect volatility but the potential upside is significant as the flywheel gains speed: the punks floor rises, PNKSTR's listings sell, its treasury accumulates more punks and the token supply burns.
NFA 🧷
For the first time in its existence, PNKSTR is experiencing a rising punks floor and trading volume.
PNKSTR's cheapest listing is now 11th from floor. It was 38th 11 days ago.
PNKSTR is up ~50% over that time and now holds 41 punks.
At current prices, when PNKSTR's cheapest listing sells it will burn ~0.38% of PNKSTR supply.
4 of its listings are within 10% of floor. Punks are moving and these could sell in the next few days.
Meanwhile an inverse H&S is forming on the punks/weth chart, with the sharp reversal to form the right shoulder showing a similar pattern to the left shoulder and head break outs.
Punks inverse H&S target if it plays out: 144 ETH
PNKSTR target if that happens? $1+ seems feasible:
- PNKSTR @ $1 = $500m MC if 50% of tokens burn
- mid tier memes hit $1b last cycle
- PA will attract attention
- levered play on punks
- punks exposure for those who can't afford a punk
- buy & burns from other STR tokens
- the token works
NFA 🧷
Been here since 2021 I always believed if I show up everyday at some point imma make it. Recently I have been really loosing hope as there’s nothing positive is going on here nobody’s building shit all people are talking about is how someone bought 1$ of sht and now it’s 100.000$