X @wale.moca 🐳
wale.moca 🐳·2025-09-15 09:34
The fun part here is Punk Strategy makes money off fees even with price going down.They just acquired another CryptoPunk (see below) for $217,000 USD https://t.co/7Ag3O8Z3Rkwale.moca 🐳 (@waleswoosh):I'm pretty sure that Punk Strategy will die fairly soon.The model depends on consistently high volume and listed Punks selling at a 1.2x premium so that the funds can be redeployed into $PNKSTR.Here are the problems I see:1) The 10% tax is very high and makes trading less ...