NFTMatters
245 posts

NFTMatters
@NFTMatters
Visionary Storytelling. Art ~Community ~Digital Ownership. NFT Culture for the Crypto Curious & Evangelists alike. Art/Fashion/Music/DAOs/Gaming/Web3 podcast
เข้าร่วม Eylül 2021
668 กำลังติดตาม90 ผู้ติดตาม
NFTMatters รีทวีตแล้ว
NFTMatters รีทวีตแล้ว
NFTMatters รีทวีตแล้ว
NFTMatters รีทวีตแล้ว
NFTMatters รีทวีตแล้ว
NFTMatters รีทวีตแล้ว

@DiscussingFilm Happy St. Patrick’s Day ~ BITCOIN is at $82,774 💚💚💚
English
NFTMatters รีทวีตแล้ว

I’ve been getting a lot of DMs asking how I’m getting paid by X
Here’s a thread on how I did it 🧵 (1/12) :
MIREYITA@MireyitaStudio
Omg! My first payout 🥹 Thank you, X! And a huge thank you to everyone who supports me daily and makes this possible!! I’m in shock right now! These monthly earnings are an amazing help to pay for my studio and start my tufting business!!
English
NFTMatters รีทวีตแล้ว

GN @nft_paris
Special thanks to: @zakgroup @MPtherealmvp @Tschuuuuly @jalil_eth @seanbonner @ArtOnBlockchain @postanika @ThePunkDAO @rarible @embassylab @0xArtur @bygrida @Artverse @ALIENQUEENNFT




English
NFTMatters รีทวีตแล้ว

BREAKING: UTAH STRATEGIC #BITCOIN RESERVE BILL PASSES SENATE REVIEW
IT'S 1 VOTE AWAY FROM BUYING BTC 🔥


English
NFTMatters รีทวีตแล้ว
NFTMatters รีทวีตแล้ว
NFTMatters รีทวีตแล้ว
NFTMatters รีทวีตแล้ว

As of today, Pudgy Penguin’s floor price is 9.8 ETH & $PENGU price is $0.01+
Both of these are down from ATH of 34.5 ETH & $0.05+
While the market is also down, we can’t shrug the fact that the downtrend is due to Abstract
What would have happened if Igloo didn’t do Abstract?
I think that if Igloo didn’t do an L2 that is Abstract Chain, they may be performing better right now
Remember, Pudgy Penguins was at 34 ETH+ prior to $PENGU drop. Then it crashed to 12 ETH until it settled to 16 ETH (around the same price as BAYC)
Similarly, $PENGU dropped to $0.025 range from heights of $0.05 from airdrop point steeply
I think both Pudgy Penguins and $PENGU can have a maintaining power to stay around that range or go a bit lower if nothing happened but Abstract came to mix and it was so hyped
Abstract pushed Pudgy Penguins up to 26 ETH+ and $PENGU to $0.04+. Even for a time when all memecoins were bleeding because of $TRUMP, $PENGU was pumping because of Abstract
Then Abstract launched and most were disappointed with it
- it doesn’t have enough liquidity and TVL
- it doesn’t have enough users
- it’s too focused on streaming platform
- it’s points based (i.e. farming)
- it doesn’t have enough incentive for Penguin and $PENGU holders to farm
And thus, Pudgy Penguins & $PENGU dropped heavily after Abstract launched
If Abstract didn’t drop, Pudgy Penguins might be closer to BAYC FP (13 ETH) and $PENGU might be doing better rn. But that’s just me


English
NFTMatters รีทวีตแล้ว














