23.07.2022 Views

SHILL Issue 66

Solana ecosystem magazine.

Solana ecosystem magazine.

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I was monitoring the Crypto punks as they have sparked past NFT runs and sales bot go brrr. I contemplated buying

when they hit $50K USD but I chose poverty instead. This was earlier in the month...

Quote Tweet

Renegademaster.eth @renegademasterr

Punks are flying. 60 sales in the last 24 hours. #Cryptopunks

Then again this past weekend, the sales bot continued to go brrr... Another ~60 sales and including a couple million

dollar sales for Crypto Punks.

Quote Tweet

Andrew Hayward @ahaywa

CryptoPunks prices are popping again, with the floor back over $100K for the first time in two months—and

closing the gap with Bored Apes. Follows a pair of multi-million-dollar Punks sales last week. story for @decryptmedia:

https://decrypt.co/105377/cryptopunks-ethereum-nft-floor-100k…

Maybe SMBs will be the Punks of Solana. Maybe. What is clear is that it demonstrates that IF the future are low

to no royalties for NFTs, that it does not erode the ability to be one of the top assets/communities. You don’t

need a revenue stream to create asymmetric (BIG) upside.

Value is GREAT. SOL value has held steady (remarkable strength), USD value is now sub $10K FP. This is below

the levels of start of Sep before massive run up. If you’re bullish SOL, SMB is a great potential lev. long for USD

return. Calling likely bottom in USD value.

SHILL Issue #66

93

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