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 Image
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.
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 Image
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? ImageImage
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 Image
The first cut of the DTP blockchain game is aiming to be released around @solana @HackerHouseSOL in the week of 5th April, delays notwithstanding:
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:
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.
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) Image
- 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
- 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 Image
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 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.
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.
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.
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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More from @sainteclectic

Mar 25
1/ At $50m The @CashioApp exploit was the 2nd largest heist on @solana & 13th largest hack overall. Despite this its been radio silence for hours.

@Saber_HQ have been working on it but have not been contacted by the exploiter.

Can anyone help? What we know & some thoughts🧵👇 Image
2/ After the exploiter minted 2billion CASH they drained the CASH deposits of USDT & USDC ($26m) & swapped their remaining CASH tokens for ($25m) through @Saber_HQ crashing CASH's price to 0.

They now had~$50m of USDC/USDT/UST, $21m of which was swapped to ETH & wormholed to ETH
3/ All this was detailed by @0xavarek in this detailed thread:


The attacker's SOL wallet was funded by @sideshiftai a non-KYC dex who could potentially help but have been mostly silent on twitter. Image
Read 16 tweets
Mar 24
1/ Yesterday it emerged that the @CashioApp hackers wallet being funded by "sWZs" which was the same address that funded the Balloonsville NFT rugger.

This is @sideshiftai's no-dox wormhole Dex, meaning they are probably unrelated...
@Saber_HQ @simplyianm @SBF_FTX @aeyakovenko Image
2/ .. & they both just used that exchange to fund their activities

It's been 24 hours later and not much has emerged or been announced. There are many anxious investors in the Cashio, Saber & Sunny discords.
3/ Spreading risk is impt. Unfortunately in this instance many people have lost a large amount of USD (some upwards of millions) & it has been difficult for many to stay calm.

The hacker sent back amounts <$100k but not directly to user wallets (to LP-related side wallets)
Read 8 tweets
Mar 23
A little bit of action this evening on the @DegenApeAcademy front with 26 apes being sold in quick succession over the last 3 hours to GMos & 10 individual buyers, bringing the floor to 58SOL🧵👇 #solana #solananfts #nfts #degenape Image
The ape buying was kicked off by wallet GMos 3 hours ago - with it buying 16 apes and transferring them to 2T5k, an account that holds $1.08m worth of @genopets GENE tokens & 24 @Gyris_official NFTs.
nfteyez.global/accounts/2T5kb… Image
Since then there have been another 10 sales mostly on @MagicEden in the 55 to 65 SOL range.

All of these went to 10 different buyers, with the pink lady sailor heading @9x9x9eth's way. ImageImage
Read 5 tweets
Dec 31, 2021
Solanart was one of the first major NFT exchanges on #Solana. It has a record of behavior that does not live up to community standards.

We should demand better if we are serious about improving Solana and the onboarding of the next wave of users.🧵👇 #nft #solanacommunity Image
Recently many have alleged that Solanart engage in shady, neglectful & cash grabbing behavior. I first covered this topic 3 months ago.

With many new entrants to Solana, not everyone was aware of this.

Interestingly, new stories have come to light.
I will focus on the facts in this thread.

The intention is to share information, then you be the judge as a community and decide what is acceptable for our ecosystem.

Thank you to all of you who reached out - you are making the community a better place.
Read 47 tweets
Dec 21, 2021
The @DegenTrashPanda #NFT project is using some of the latest #Solana #blockchain innovations in its game such as the Entangler & Raindrops protocol

Here's what you need to know about the X'mas❤️mini-game + the innovations this project is pioneering🧵👇#nftcommunity
People who minted DTPs before the pause would have noticed ❤️ traits with a # from 1 to 6 applied to their panda.

This was part of a minigame @pit_the_panda has created for X'mas. In typical Pit / Joker style, he kept us guessing on its objective.
The aim of the game was to reward those who held their pandas longest without moving or listing them. Every snapshot if they had not been moved the ❤️ # decreased, with the aim being to get to 1❤️

The lower the ❤️ #, the greater the chance for your Panda to get an X'mas outfit!
Read 15 tweets
Dec 21, 2021
Developing the ability to spot cash grab projects is more important than ever with the increasing # of projects on @Solana being launched every day.

I wrote this thread about @SolSoulsNFT as a case study in October. An update: 🧵👇
#nft #nftcommunity #eth
- Floor price crashed from 1 SOL to 0.09 SOL
- They released Halloween items but not much else
- Some community tried to support them but it has been a slow bleed
- Same team has launched @nova_launch to help ppl launch NFTs for a sizeable fee. Beware.
Updates from Sir Spooks a lot constantly promising more.

They walked away with 30,000 SOL ($4m at the time).

If they haven't 'hired, expanded or funded a DAO'... no way they are doing any of that now...
Read 4 tweets

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