Since then floor has been rising and more importantly # of owners is rising. #DAA blue chip status can't be ignored. You can see this recognition from the purchasing of @DegenApeAcademy by ETH participants as well. I'm betting repricing continues...
Does this make @TheMcDegens brand global and billboard status? Why yes. Yes it does.
This was taken in Hong Kong's busiest square billboard. You can see @monoliff front and center. There are 2 McDegens. The other we will save for later...
The @DAA_HK is one of the reasons I'm bullish @DegenApeAcademy due to the exposure it brings to Asia which missed most of last NFT cycle.
Here he is on a billboard in HK and also being quoted by the South China Morning Post. One of the most important publication in the local market.
More leadership. More branding.
Fast Food meme is global crypto meme. McDonalds is one of the most recognizable global brands. This makes the portability of the McDegens globally familiar.
Here is McDegens in Hong Kong with @degen_burgerbob . Hungry for more? Good.
Recently, good friend @ApeddaddyRick just got hired by the @TheMcDegens as well. He happens to be recently voted on the Student Council for @DegenDAOO and is well known and loved in the SOL NFT community.
Branding doesnt stop just at the @DegenApeAcademy . During the previews of @DegenTrashPanda , you can see the @TheMcDegens play a prominent role and expand further with other brand attributes.
Yes, the brand is absolutely Trash now.
Branding led to unique partnerships and elevated recognition of the @TheMcDegens . Here is the @howrareis ranking of @JungleCatsIO . Rank #3 in the entire collection.
New attributes that extend McDegen theme across widening the visibility of the @TheMcDegens without diluting the 90 Apes.
This creates potential embedded future aspiriational demand
A prescient Ape saw the potential for the branding and sold his soul to become our beloved manager @DegenService . He is not only the leader of @TheMcDegens but also leader of the @DegenDAOO
Yes, he was the other McDegen on the HK Billboard.
More leadership. More branding.
He is also committed to hosting a verified members ONLY show weekly via discord. If you haven't heard his angelic voice, makes sure you listen to this.
✅ Leadership of @DegenApeAcademy@DegenDAOO and @DAA_HK
✅ Strong Branding and Global Meme Power
✅ Growing talented community
✅ 0.90% Rarity Attributes
✅ New discord, website, merch & alpha group
✅ Good value
Thanks for reading!
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For the new followers, Pengu used to write long threads to share insights into my thinking. I've not recently due to the time constraints to do so but felt this was an important topic to shed light as I've now publicly bought 3,169 $SOL into $BONK in 3 weeks
This is my thesis on WHY $BONK will outperform $SOL
But 1st- I'm a core contributor of $BONK and can directly benefit if number go up. I trade around my positions and can sell at any time. All my info is for entertainment purposes only. This is NFA. You should NOT take investment advice on twitter. I'm just a Pengu online
Before this comes across, I'm bearish $SOL it's quite the opposite.
$SOL is the darling of this cycle and continue to believe this is true. Pengu was betting heavily when people were scared to deploy capital into $SOL and accumulated position in the bear
Claim's of Solana's successor already declared auto-Matic winner.
Let's take a deeper dive in comparing the two chains.
It's time for a Pengu 🧵
As a bit of background, I was a power user of Polygon when defi farming. There were rich reward incentives w/ Matic and used AAVE, Sushi and Curve there.
It was cheaper, faster and smoother experience than defi farming on ETH L1. (using an ETH pengu for emphasis)
Business Development (BD) team at Polygon has been crushing it w/ their web2 client wins. With each new big brand they get in partnership, easier the next one is.
This reduces career risk for web3 initiatives. There used to be a business saying, no one gets fired for buying IBM
We have an intimate tight knit community. There were many events but we often organically chose to spend time together. We're a small project but rolled deep and had big presence where we went.
Before I fade away for the weekend, have been asked my thoughts on the recent @MagicEden announcement on optional royalties.
My initial thoughts... they may surprise you.
First couple disclosures - I have no financial investment in ME. I have investments in competitive products/exchanges to them. Arguably better for me financially to see them continue to lose share.
Second - I feel they've handled themselves with community poorly and could invest in a seasoned IR/ PR / crisis management team or external firm. They've had some large public mistakes.
This situation was no different from what I hear about their spaces.
On the week of the @solBOOGLE FINAL auction #100 and the high level of interest we received, sharing some thoughts on the invitation to join the premier network, luxury brand and exclusive community on Solana.
A mega 🧵 on history, price, journey and future of BOOGLE
But 1st- this is not a paid tweet. I own my own bags and directly benefit from number go up. I trade around my positions and can sell at any time. All my info is for entertainment purposes only. This is NFA. You should NOT take investment advice on twitter. I am a Pengu online
I size my trades based on my portfolio and risk tolerance. Do not copy pasta. You shouldn't invest more than you can afford to lose. I am often wrong and will be again. We're in a bear market, the key is to survive. No FOMO, make risk adjusted bets and capital preservation