Derivadiv retweetledi
Derivadiv
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Been thinking the same thoughts.
Now what happens to all that vapourware? 🤔
Avi@AviFelman
There is no more crypto. There are good companies that drive value to their token ($HYPE, $VVV, $CARDS, $TON -- maybe) + Zcash / Bitcoin. That's all.
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I've been told I should post more content. So here it is.
$Upeg is genuinely THE most interesting thing to happen to Crypto since $Hype. Trouble is, it requires more than a cursory read of a few KOL posts to understand it.
When $uPeg launched, there was a lot of excitement that it was a new type of NFT tech. Trading volume was in the healthy millions, and a lot of traders made good bank from being early buyers, selling at x50-x200 multiples. Most of these people sold their entire holdings - the earliest will regret selling the most, in 6-12 months' time.
$Upeg has harnessed Uniswap's V4 Hooks tech to build a fully on-chain dynamic NFT collection. 'Dynamic' because each swap/LP interaction with $Upeg's V4 Hooks liquidity pool triggers a potential minting of a new uPeg NFT - the condition here is that the holder of the uPeg token must hold at least 1 whole uPeg token for every NFT they wish to mint.
"Ok, so you get an NFT for each whole $Upeg you hold? What's great about that?"
This in itself isn't groundbreaking. However the consequences for the NFT traits are huge and are covered in the excellent detailed thread from @absnn355 which I've quoted.
TLDR from the thread:
- You cannot apply traditional NFT valuation frameworks to $uPEG because of the dynamic, programmable and trade-driven nature of the NFT traits: trait rarity is not fixed, it is constantly evolving
- A new valuation framework for $uPeg must instead account for "Mine-rarity", where traits can refresh and be re-rolled. Mine-rarity would therefore be ranked based on pure mathematical difficulty of obtaining a defined combination of traits, rather than how many similar NFTs exist in a fixed point in time.
- The probability of the most rare combination of traits and colours is approx. 1 in 597.87 QUADRILLION (see the quoted thread for the maths), driven by extremely aligned trait structures and highly synchronised colour states.
"So this is more than just an NFT collection?"
Yes. $Upeg is trying to replace frequency-based rarity with generation-difficulty rarity i.e. tying rarity (and therefore value) to computational effort. Additionally, it is anchoring rarity in transparent on-chain math rather than market-driven metadata snapshots.
As more $uPeg transactions take place, the probabilistic state of the NFTs change relative to one another.
"So why should anyone care?"
$uPeg tech and evolutions of this tech has applications beyond art NFTs. I'll give one example:
Credit risk
$uPeg rarity is based on how difficult a state (combination of traits, colours, shapes etc) is to generate. This rarity changes with every uPEG transaction.
This same mechanism could be applied to financial behaviour, but instead of the typical NFT attributes e.g. traits, colours and shapes, think about personal financially trustworthy behaviours:
e.g. maintaining liquidity during economic downturns, leverage discipline, maintaining cash buffers, keeping up repayments, long-term participation etc.
All are metrics where there it would be important to know their values relative to other credit seekers. Even more important or valuable if these metrics were dynamic and continuous, thereby enabling much tighter risk management than today's creditors can manage. The (desirably) rarest combination of these would represent the most trustworthy credit applicants, which would then be reflected in your 'NFT'.
Trust then becomes dynamic, portable, continuously updated and increasingly difficult to fake.
$uPeg is the first project that I've seen to show that this is now possible. We're talking about having a means to create an anonomised, immutable, on-chain financial identity that enables credit markets to make realtime assessments on market participants, at scale. We're talking about the emergence of programmable economic reputation systems.
And this is just one possibility for this tech.
"So I should fullport $Upeg right now?"
That depends. The emergence of a new crypto-native primitive can take a long time to catch on and for investors to associate value with it. It may even need a full on proper bull market to ignite the interest. It may need to shed the 'NFT' tag altogether before people even try to understand it outside of the collectable art realm and look through other lenses such as Defi.
Whatever it takes, I'm not recommending for you to buy $uPeg. But if you're curious about this tech, I am HIGHLY recommending you research it and V4 Hooks. There hasn't been anything remotely as interesting as $Upeg in crypto for a very long time.
元流🦄@absnn355
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Derivadiv retweetledi

ok ok.
Little sherlock holmes in training, this is how things work on Eth, you get massive opportunities and you have to guess it all.
The earlier you guess, the more you make. Eth is ran by ultra rich OGs who believe in decentralisation, and they reward the right people.
Now, let's get into some hints.
- Fresh binance wallets buy loads of $Upeg during the past 2 weeks
- Binance blogs about hooks and innovation on Eth
- Binance creates a section called Hook summer
- Unipeg says "hook summer" after that
- Unipeg retweets a UNISWAP Message saying " hook summer" a year ago...
Can you solve the ENIGMA?
(bonus: my algo recalibrated 2 times into a big move happening from Thursday to Saturday from 1040 usd per upeg, we're wednesday and Upeg is at 1k)
(Mega bonus: such a big move would need a major news, forcing the market to reprice upeg and the provenance of Upeg, aka the team behind it)
Do you see the picture forming?
People about to witness how different things are on Eth. The opposite of the excuse for constant extraction that is Sol.
10mil is insane. The full end goal of Upeg, and who's behind it, and the scale it may reach, has not even begun to be priced in.
The repricing begins SOON.

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Derivadiv retweetledi

People keep comparing @unipegv4 | ethereum:0x44b28991b167582f18ba0259e0173176ca125505 to CryptoPunks because both involve onchain identity, culture, and internet-native art.
But I actually think ethereum:0x44b28991b167582f18ba0259e0173176ca125505 is more “cypherpunk” than CryptoPunks now.
And I don’t mean that as disrespect to CryptoPunks at all.
CryptoPunks are one of the most important NFT collections ever created. They basically established the social and cultural foundation for the entire NFT space. Without them, a lot of this industry probably never exists in the way it does today.
But culture changes over time.
CryptoPunks started as something raw, niche, anti-culture, and deeply internet-native. Early on, owning one wasn’t a flex, it was its own identity. Most people outside of crypto just thought they looked stupid and were stupid. The entire point was that they existed outside traditional systems of value and status.
That’s what made them punk.
But over time, CryptoPunks became a luxury.
Just like how Supreme went through this exact same evolution. It started as a gritty NYC skate brand tied to underground culture. Then eventually it became a global luxury symbol. Celebrities wore it. Resellers turned it into status signaling. The anti-establishment energy slowly transformed into cultural prestige.
CryptoPunks followed a very similar path.
Today, they represent wealth, status, historical significance, and exclusivity more than rebellion. They belong in museums, Sotheby’s auctions, celebrity profiles, and institutional portfolios.
That doesn’t make them worse.
It just makes them less “punk.”
ethereum:0x44b28991b167582f18ba0259e0173176ca125505 feels punk.
Just how Punks used to feel raw, niche, anti-culture, and deeply internet-native. ethereum:0x44b28991b167582f18ba0259e0173176ca125505 fits this definition now. People are still trying to figure out what it even is. Is it an NFT? A fungible token? A dynamic identity layer? A behavioral art system tied to liquidity and trading activity?
Most people still don’t fully understand it.
That confusion is exactly why it feels cypherpunk.
The cypherpunk movement is about building strange new systems outside traditional structures. Open experimentation. Permissionless technology. Financial and digital sovereignty. Code as ideology.
That energy is all over ethereum:0x44b28991b167582f18ba0259e0173176ca125505 .
The project is being built directly on top of Uniswap v4 hooks, a buzzword that most of the market still doesn’t understand yet.
That’s punk.
Cryptopunks became a symbol of status.
ethereum:0x44b28991b167582f18ba0259e0173176ca125505 feels like a rebellion against traditional crypto projects.
That’s why, by definition, ethereum:0x44b28991b167582f18ba0259e0173176ca125505 feels more cypherpunk to me than CryptoPunks.
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Derivadiv retweetledi

Binance just created a section labeled “Hook Summer,” on Binance Wallet. The section includes $UPEG, $sato, and $LO0P.
Pretty crazy that they acknowledged uniswap v4 hook tokens so boldly. I’m one of the only people I’ve seen talking about the v4 hook meta, specifically. I’m also the largest holder of $sato and $LO0P, and a large holder of $UPEG.
I think this points to v4 hook tokens as being a much bigger meta than most people think. Binance has also been accumulated $sato the last few days. $sato is also the largest project by mcap in the Hook Summer section. Given those 2 points, I think it would be the most likely to get listed. Easily a 1 billion dollar MCAP token.
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@ztrader369 It's one for the visionaries, fr. Love your work btw. 🦄
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@Derivadiv beautiful.
The community is going full sherlock Holmes
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@realchadone I haven't, but I generally stick with one
peg at a time
Gl hf 🙏🏼🦄
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@Derivadiv upeg is good, but have you checked $qpeg? Its on base, people enjoy getting paid
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