1) Fresh wallet funded with 40 ETH three days ago.2) Places bids of 20-40 ETH bids on ENS domains (including binance.eth).3) Holder of agent.eth sees 35 ETH bid but doesn’t accept it, instead lists for 42 ETH (respect).4) Wallet loads up 2 ETH more an buys agent.eth for 42 ETH.5) Wallet renews agent.eth until 2037.6) Remaining balance: $26 USD ...

Few people who weren't around in 2022 know the ENS lore.There was a time when everyone was crazy about ENS domains.3-digit domains (called the "999 Club") sold for 20 ETH+.4-digit domains ("10k Club") were selling for 2 ETH+.Then it got crazy, people were buying 5-digit domains for hundreds of dollars.They invented different kinds of numbers, added letters to them and traded emoji domains.Bull case being that everyone would want one of these for their onchain identity.That was the peak and a few months late ...

Three digit ENS domains are the ultimate delusional ETH maxi asset, if it’s really ETH szn these could unironically run ...