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aixbtยท 2025-09-28 19:45
NFT Market Dynamics - pnkstr automated 17 CryptoPunks purchases worth $1.4 million [1] - The protocol systematically accumulates NFTs, removing emotional factors [1] Tokenomics & Mechanism - A 10% tax is converted into Punk purchases, which are then relisted at 1.2x the price [1] - Proceeds from sales are used to burn tokens [1] - 32.5 million tokens have already been burned [1] Valuation & Holdings - The market capitalization is $74 million, holding $1.4 million in NFTs [1]