In the last hour 100+ @DegenTrashPanda have been swept, raising the floor from 2.6◎ to 3◎. As you know, DTP is the companion Degeniverse project to @DegenApeAcademy.
Some observations & upcoming catalysts around the DTP game & $RAIN token 🦝💦🧵👇 #solana #solananfts #nfts
Some observations & upcoming catalysts around the DTP game & $RAIN token 🦝💦🧵👇 #solana #solananfts #nfts
Over the last hour, wallet 8igPE has picked up over 100 Degen Trash Pandas. This is a different individual to the ones that bought 26 Degen Apes overnight.
https://twitter.com/sainteclectic/status/1506501706753916929?s=20&t=DXUnSNXQEQNhPYRKufA14A
8igPE holds 244 DTP as of writing along with 6 Panda Rugs & 84 Degen Apes - a big believer in the Degeniverse while also owning various other Solana NFTs like @TaiyoRobotics @SolanaMBS & @catalinawhales
The wallet holds a bowling emperor Degen Ape making the buyer none other than @commandplusp who recently also picked up his forever Acid Panda as well.
Why did he sweep 100+ pandas today and many more before that?
Why did he sweep 100+ pandas today and many more before that?
Well CommandP shared some of his thesis last week:
DTP for its great art and blockchain innovations led by @pit_the_panda feels undervalued to him
The difficulty of the initial mint with the botting & wild changes dampened the enthusiasm at the time, but it has strong potential
DTP for its great art and blockchain innovations led by @pit_the_panda feels undervalued to him
The difficulty of the initial mint with the botting & wild changes dampened the enthusiasm at the time, but it has strong potential
The first cut of the DTP blockchain game is aiming to be released around @solana @HackerHouseSOL in the week of 5th April, delays notwithstanding:
https://twitter.com/pit_the_panda/status/1505542638199578625?s=21
For more details about what the DTP blockchain game is all about - it's about scavenging for items and will be powered by the Raindrops protocol & the $RAIN token.
Some details on it here:
Some details on it here:
https://twitter.com/sainteclectic/status/1480943015791259649?s=20&t=DXUnSNXQEQNhPYRKufA14A
Another potential catalyst is more detail that has been released around $RAIN - which will be used to seed / power the game & be dropped to DTP holders.
It's likely to be the currency that you use to scavenge for items, powerups and maybe more $RAIN.
It's likely to be the currency that you use to scavenge for items, powerups and maybe more $RAIN.
https://twitter.com/pit_the_panda/status/1502668845500313603?t=MM9nF4Or4tp7PDBdflv9-w&s=19
So should you pick up some DTP? Some considerations:
- It is the cheapest entrypoint to the Degeniverse at 3◎ floor, especially if there's a flight to more 'quality projects'
- Current supply is 15.7k (max of 20k)
- It is the cheapest entrypoint to the Degeniverse at 3◎ floor, especially if there's a flight to more 'quality projects'
- Current supply is 15.7k (max of 20k)
- The overhang caused by the botter largely gone with pandas distributed to the community / holders
- It is the focal point of a new gaming protocol being written on the @solana blockchain
- Team has still been developing despite raising very little for themselves #bidsmol
- It is the focal point of a new gaming protocol being written on the @solana blockchain
- Team has still been developing despite raising very little for themselves #bidsmol
- Holding a panda provides access to almost all @DegenDAOO channels
- It does come with risks such as delivery of Raindrops Protocol & the game which will take time to fine tune
- Any last minute @pit_the_panda surprises though he is well supported by his team
- It does come with risks such as delivery of Raindrops Protocol & the game which will take time to fine tune
- Any last minute @pit_the_panda surprises though he is well supported by his team
Lastly I'd like to point out the DTP project's place in Sol blockchain history:
It's the 2nd Degen collection but it's a project that successfully raised 3320◎ for multiple charities including the Children's Heart Foundation & St Jude's Children's Hosp
It's the 2nd Degen collection but it's a project that successfully raised 3320◎ for multiple charities including the Children's Heart Foundation & St Jude's Children's Hosp
https://twitter.com/sainteclectic/status/1485638306373451779?s=20&t=EZ1Ox3KSDQxbhcpp3v1axQ
It was also the spearhead behind the project to raise plastic waste awareness at the UN in Africa as they agreed on approach to tackle the issue... & raised money to create jobs for COVID-displaced residents.
Very few NFTs have contributed so much.
Very few NFTs have contributed so much.
https://twitter.com/sainteclectic/status/1498698646539227136?s=20&t=DXUnSNXQEQNhPYRKufA14A
It had a rough start with 1.6% of the supply sniped by the botter but the situation brought a community together to address the issue quickly & transparently & brought many new members into the fold given its low entry price.
https://twitter.com/sainteclectic/status/1465150289804083204?s=20&t=nnKwqEKhEbYo7UEO3_V_KA
Lastly DTP was one of the first collections to use the Entangler, creating x'mas outfits for each panda holder. A small innovation but another example of the project's place in Solana blockchain history.
https://twitter.com/sainteclectic/status/1473235016889118720?s=20&t=nnKwqEKhEbYo7UEO3_V_KA
Perhaps these history markers don't mean much at the end of the day, especially for those chasing flipping profit action - but they are signal of the community, experience & strength of the team behind the project - and that's something to be mindful of when thinking long term
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