Yur (@NotYur) profile picture

Crypto | Robinhood Chain enthusiast | Building small tools & games | Don't expect smart moves

USA
Joined March 2021
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with $sushicat and $flamingo it could be the same story as pools(.)trade by Uniswap memes on pools(.)trade pumped hard on the “launchpad is coming” news after the actual launch we saw corrections on $frong, $pools etc. smarter play is probably: buy now → hold until pools(.)fun (by sushiswap) launches → sell before it dyor
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true, it's gonna be madness
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now the interesting part: each Genesis NFT gets ~1.11M $FUNGO, 8x more than an OG > at that price: ~$300+ in tokens per NFT, all unlocked at TGE > even at a conservative $1M FDV: ~$110, so a $100 mint pays for itself so what's your bid? 👇 nfa, dyor
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now the token. 10B supply, 82.5% unlocked at TGE: > 36% Genesis holders > 34% liquidity > 7% Zama OGs > 3% X campaign > 2.5% community (10% total, rest over 24 months) > team 10%: 12-month lock, then 36-month vesting so how much could $FUNGO be worth? Zama OG NFTs can give us a hint: each one gets ~140k $FUNGO, and they trade around $40 that could mean the market already values $FUNGO at ~$0.00029, an FDV of ~$2.8M doesn't feel that high, maybe even underpriced
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let's make some predictions on @FungoLabs Genesis NFTs and $FUNGO 🧵 the sealed-bid sale starts tomorrow at 15:30 UTC: 2,500 NFTs, paid in cZAMA, open for 24 hours, and nobody sees anyone else's bid this could be a good thing or a bad thing people might bid higher so they don't miss out, or lower to get a deal, who knows my conservative guess: at least ~$100 per NFT but it could be a lot higher why? > privacy is one of the biggest narratives this cycle > it's set to be the first strong sealed collection on @zama FHE (yeah, somehow there are no strong ones yet) > holders get hidden traits, 20% of launchpad revenue and a share of tokens from every collection launched there and I think after a successful Genesis mint, a lot of new sealed collections will want to launch on Fungo 👀
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that’s what @theunipcs does to a man 😂
Might start rotating all profits to $useless from now on tbh
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Replying to @vladtenev
Rh is built for everyone
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Replying to @theunipcs
and cash cat
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Replying to @moc_tx89 @fungo
selling the news feels a bit early, they haven’t even announced the token launch date yet
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Replying to @Defi_Scribbler
bro $1B fdv is FUD
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Replying to @theunipcs
pons is top 1
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thanks 🤝🟥
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appreciate it 🟥
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up only 🚀🟥
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bought a FREEDZ with the ENFORCER trait near the floor, 0.0119 ETH 🟥 guess some people don't even check their NFT traits before selling the ENFORCER floor is 0.0159 ETH right now 👀
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Replying to @crystalmikenft
2 out of ~80, solid bag 🫡
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Replying to @MustStopMurad
traders watch the price, believers watch the vision
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Replying to @OranguNation
subscribed, my youtube handle: hayron4281 0x896e10Eed096499beEd252A2154455aF46f75A5F
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Replying to @FungoLabs
@FungoLabs revealed how the Genesis sealed-bid auction works, and there's a twist 👀 there's no fixed price the price depends on demand it could be $50 or $500 how it works: • everyone places a hidden bid (encrypted with Zama FHE, nobody sees other bids) • the 2,500 NFTs go to the highest bids • all winners pay the same price, the lowest winning bid • e.g. if the lowest winning bid is $150, every winner pays $150 per NFT • if you bid more, you get the difference back • if your bid is too low, you get no NFT, but you get your money back the interesting part: nobody knows what others bid so people might bid higher than they planned, but who knows bid what it's worth to you, you'll only pay the final price are you going to bid? 🍄
How the Genesis sealed-bid auction works, explained with an example 👇 Imagine only 3 NFTs for sale. Minimum price: 500 cZAMA (example only). 4 people bid 1 NFT each: → A: 3,000 → B: 1,500 → C: 1,000 → D: 500 (the minimum) The top 3 bids win: A, B and C. All winners pay the same final price, the lowest winning bid: 1,000. → A pays 1,000, gets 2,000 back. → B pays 1,000, gets 500 back. → C pays 1,000. → D bid the minimum, gets no NFT, gets 500 back. Lesson: bidding the minimum doesn't mean you buy at the minimum. Bid what it's worth to you, you'll only pay the final price.
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Replying to @Gathi32
yeah, both are really cool, especially the red bar on the right one 🟥
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