Pro tip: if you want to assess how the market views your potential Monkee purchase aesthetically, look if it’s sold recently and compare the engagement on the @SMB_SalesBot page. An imperfect metric but it’s something
I would not mint anything new right now. The amount of garbage that’s DMing me has noticeably upticked. Slowly accumulate already established winners (ie winners from September/early October)
Let me put this differently: I think it’s far better EV to spend 150-200 SOL on a Monkee right now than to gamble on 150 one SOL lottery tickets
Or even more to the point: Take your money and buy floor geckos under 20 sol each, rather than 20 one sol lotto tickets
Let the record show I love $MIMO and want it to succeed. But it should not be priced at multiples above a naked sol fur Monkee’s relative value. It should roughly track exactly
The best analog from the ETH fractionalized world is $HOODIE
Not $PEBBLE or a dogcoin
The folks who created @MillionMonke are friends and I’m super proud of what they accomplished. But the upside of fractional ownership is getting to ride Monkee success without having the capital to own an entire monkee. It’s not the same R:R as a meme play
I’ll listen to counterarguments about how $MIMO somehow has other utility that should change the relative value. But until there’s contradictory evidence I’m staunchly in this pricing camp
A thread on @SolChicksNFT - I'm seeing major red flags ⚠️⚠️⚠️
@SolChicksNFT Some friends in @MonkeDAO shared this video of SolChicks gameplay. I thought to myself: "Wow, that's unbelievable progress for a project/game that only recently launched." So I dove in more