jp3nft.eth🔮

Bootstrapped a 7-figure Ecom brand. Interested in everything DTC, tweet about entrepreneurship, ecom, and life.

[jp3nft.eth🔮 @JP3NFT]

Hey @grok who are my top 20 followers/homies on this app?

[jp3nft.eth🔮 @JP3NFT]

@RomanEcom @MehtabKarta lol this is awesome

[jp3nft.eth🔮 @JP3NFT]

@jspujji Sales

[jp3nft.eth🔮 @JP3NFT]

This is awesome! The only person that can beat Trump is … Trump.

[Morgan J. Freeman @mjfree]

An absolute masterpiece 👏👏👏

[Peter / 1k(x) @pet3rpan_]

Thesis: $PENGU

While it might be easy to classify $PENGU as 'just another memecoin', in reality, it's a one-of-a-kind token that is completely different from anything else we've ever seen before in crypto.

Here are some personal conclusions I've come to and why I’ve consolidated my personal memecoin portfolio, moving them into PENGU, which is now my largest memecoin position.

1. The first meaningful dogecoin competitor

Dogecoin resembles the dominance of Ethereum, both highly grassroots ecosystems that grew organically in a fairly decentralized fashion. Solana was written off as it looked nothing like ETH but yet optimized in the areas that mattered such as performance and marketing. It had a core team that executed and outpaced everyone else. The headlessness of memecoins are both a weakness and a strength but most importantly: PENGU’s opportunity.

$PENGU will win the game of memecoins and out execute better than anyone.

It has a world-class team and the biggest community in crypto that is day in day out executing and grinding away to win. Like Solana rewrote the rules of engagement for growing blockchains, $PENGU will do so for memecoins, too

In under a month of trading, it has become Solana’s biggest memecoin and in under 2.5 years, Pudgy Penguins has generated over 37bn+ views via gifs, 1.6m followers on TikTok, 1.7m on Instagram, and 2m+ toys sold globally. $PENGU’s success so far arguably has been largely due to its ability to bring crypto well beyond cryptonatives into the broader mass market.

As of today Jan 7th $PENGU is currently trading at $3.5BN FDV.

While: $PEPE at $7.9Bn, $SHIB at $13Bn & $DOGE at $53Bn

And it’s just the start. You can see where this is going.

2. Largest token distribution event in history

$PENGU is crypto's largest distribution of a multi-bn marketcap token to date, with over 70%+ of supply made circulating on day 1, starting at 250,000 $PENGU holders and growing to over 600,000 today (and still growing). Penguins have expanded their holder base from the thousands as a NFT collection to the hundreds of thousands and soon likely millions.

The team could have taken the shorter term high FDV, low float route, but instead decided to optimize for reach and longevity with 70% circulating from day 1, and as such, we've never seen another token ever in history absorb this much sell pressure early on.

This is only possible when you're able to distribute widely and meaningfully while being able to absorb the subsequent pressure from sellers (not everyone will hold and that’s fine). That said, no other crypto project could have pulled off such a significant day 1 distribution as $PENGU has, likely cementing this distribution as one of a kind. The path of community accumulation has begun, and the total holder count only continues to grow.

3. Transparent incentives and skin in the game

Unlike most memecoins with incredibly overweight insider allocations that proclaim organic community ownership, $PENGU's distribution is fully transparent with all team and company tokens vested for 4 years. There might be criticism around how memecoins aren’t supposed to have team allocations, but we'd kid ourselves if we didn't say that most memecoins have cabals running them from behind the scenes. Except these cabals have overwhelming insider stakes, and have no long term reputational accountability for the token. $PENGU is transparent, clean, clear and not hiding anything. No other memecoin gets even close to this degree of clarity and incentive alignment.

4. Unifying Ethereum and Solana

The token's launch has built a cultural bridge between Ethereum and Solana and unify both ecosystems under one shared community. Not only does it have the full backing of the NFT community at large, but now, it has 2 entire chains totaling over 600,000+ holders.

BAYC was divisive, and so was the emergence of Solana. Memecoins are PVP and L2s fragmented Ethereum. Instead, Penguins have unified and aligned, something special and rare that only comes around once every decade.

From traders, investors, community, and everyone in between, there's skin in the game and the full weight of Crypto Twitter behind $PENGU. It has been years since we've had such an incredible alignment amongst crypto in a very long time since the early days of Ethereum itself.

5. The clear Solana index to consumer, entertainment and culture

Naturally, with $PENGU becoming a top 3 FDV token on Solana and the No.1 memecoin on Solana, it's naturally positioned as the index bet on all things consumer, memes, and entertainment. As the token succeeds, it paves the road for a new wave of token launches for Solana, thus representing a meaningful precedent for the chain. It will become the clear index bet for all things Solana consumer, entertainment, and memes for capital allocators already within and outside the Solana ecosystem.

6. Luca is the leader we've been waiting for

Luca is one of the most well networked and beloved crypto founders in crypto. If you've met him in person, you are taken by his humility and sense of care for the community. He greets people individually while they wait in line for Pudgy/Abstract events IRL and ensures he meets every holder and community member that he can as much as possible. If you add value to Pudgy/Abstract, he'll make time for you.

Anyone who has heard him speak will recognize his potential as the leading voice and champion of crypto over this next decade. His natural ability to draw crowds, build communities, and be an authentic voice for the industry garner him not only the trust and attention of the media, but with Gen Z and the next generation of crypto.

Conclusion

$PENGU is a one of a kind token and there’s nothing else like it.

If you’re not already involved with Pudgy Penguins, at the minimum, I invite you to closely study and watch their every move as they execute a master class in marketing and bring crypto to the mass market in a very meaningful and real way.

There are times when a critic truly risks something, and that is in the discovery and defense of the *new*.

Believe in something.

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Disclaimer: This article is for general information purposes only and should not be construed as or relied upon in any manner as investment, financial, legal, regulatory, tax, accounting, or similar advice. Under no circumstances should any material at the site be used or be construed as an offer soliciting the purchase or sale of any security, future, or other financial product or instrument. Views expressed in posts are those of the individual 1kx personnel quoted therein and are not necessarily the views of 1kx and are subject to change. The posts are not directed to any investors or potential investors, and do not constitute an offer to sell or a solicitation of an offer to buy any securities, and may not be used or relied upon in evaluating the merits of any investment. All information contained herein should be independently verified and confirmed. 1kx does not accept any liability for any loss or damage whatsoever caused in reliance upon such information. Certain information has been obtained from third-party sources. While taken from sources believed to be reliable, 1kx has not independently verified such information and makes no representations about the enduring accuracy or completeness of any information provided or its appropriateness for a given situation. 1kx may hold positions in certain projects or assets discussed in this article.

[Collectopia @collectopia_io]

Thanks, @ICPHUBS @icphub_SG @AaronTing8 @morpheuslabs_io for the opportunity and collaboration!
Together, our goal is to build a UTOPIA for collectors! Stay tuned 🚀🔥

[jp3nft.eth🔮 @JP3NFT]

Share your thoughts or predictions below.
Let’s discuss what’s next for $ETH in 2025!

[jp3nft.eth🔮 @JP3NFT]

What’s the pattern?
🔸 Bitcoin halving (April 2024) sets the stage.
🔸 January clears out December’s profit-taking & tax-loss selling.
🔸 Fresh capital floods in as retail & institutions reload for the new year.

January isn’t just a month—it’s a LAUNCHPAD. 🚀

[jp3nft.eth🔮 @JP3NFT]

2017. 2021. Could 2025 be next?

If you’re watching $ETH closely, this might just be the start.

[jp3nft.eth🔮 @JP3NFT]

Every 4 years, January sparks something BIG for $ETH.
2017: Ethereum kicks off a +518% Q1.
2021: Ethereum surges +161% in Q1.

It’s 2025. Same setup. Same potential. Let’s unpack why January could be MASSIVE. 🧵👇

[jp3nft.eth🔮 @JP3NFT]

@jspujji sales

[Jesse Pujji @jspujji]

My companies do $20,000,000 per year in sales.

They consistently close sales in 30-minute Zoom calls.

RT & comment "sales" and I'll DM the guide they use.

[jp3nft.eth🔮 @JP3NFT]

@obviceo Return

[jp3nft.eth🔮 @JP3NFT]

@obviceo Cash

[jp3nft.eth🔮 @JP3NFT]

@MehtabKarta Take my money now

[jp3nft.eth🔮 @JP3NFT]

@JaiDolwani Freelancers

[jp3nft.eth🔮 @JP3NFT]

Ecommerce is business in hard mode.

[jp3nft.eth🔮 @JP3NFT]

@obviceo School

[jp3nft.eth🔮 @JP3NFT]

@RomanEcom @LinjerCo @HSBC Oh wow, how is that possible?! They just shut you down without any explanation? What about the money you have there? We bank with HSBC solely also with our HK firm, guess we have to start another bank account asap.