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Rarepepe valuation exercise below. All numbers crude to get the right order of magnitude only.
Don鈥檛 shoot me for using USD, did so as there is BTC/ETH/XCP/Pepecash used in Pepeland.
This is a thought exercise, plug in whatever factors or percentages you like.
A thread. 馃У
Ordinals provide another source of Bitcoin buying which will never be sold back to fiat
The number of bullish factors for BTC in the next 18 months is mind boggling.
We just had the worst news cycle in history last year and still chilling above 30k wtf? #bitcoin
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Yo @danielgothits
How much for an ens domain of a person (exact name) with 1.5m insta followers? Got no idea about the market but sniped a couple in this range.
Did a search on emblem vault for 2016 Rarepepes with a 'buy now', 100 issuance or less. There were 171 cards. If you add 2017, double the number to 380 or so. Way less than I expected tbh. Squeeze incoming soon.
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Emblem bot go brrrrrrrrr again. Nice to see. This is the initial fomo no research phase. Just getting started
@EmblemVaultBot might have to increase threshold back to 2 ETH by next week at this rate. @EmblemVault
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Dierchanchu S23 C46. How much is a Chinese lucky frog that's 1/93 worth?
Same artist as JongPepe, PepePope, Homerpepe and many more low supply cards. You can see them all here.
pepe.wtf/artists/ICQ
Sub 2eth.
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Thinking of doing a dive into how much a 100 supply rarepepe should be worth based on a few different comps. Haven't seen much depth in this area outside of '1eth is cheap'. @danielgothits @DanceTurn @Vince_Van_Dough @cryptor77275441
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Think I might do these more often. UKIPEPE. Bargain - 0.02 BTC, sub 0.3 ETH on the DEX. It's a 2016 card, historically relevant moment - Brexit. Only 100 and nice distribution (top 3 holders <30% supply). Price will look ridiculous in 12 months
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Here's some alpha - 0.027 BTC (0.4ETH) dispenser. Early series, low supply, dank. Not all 100 supply cards are created equal. Not mine.
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@mattkalish and @Vince_Van_Dough don't seem like the kind of guys that need to sell this decade. Scoop away and please keep them in a safe home till then :)
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So @mattkalish sweeping early rarepepes eh. Wonder who he is friends with...hint hint props and drops. I know @danielgothits must know? Also, this year will be enormous if Opensea improves searchability and Coinbase gives pepes their own section.
What if I told you that the grail pepes aren't necessarily the fine art or sports ones? @danielgothits @RareSplinter @Debussy100 @wasthatawolf @shawnleary
I love how @Vince_Van_Dough is secretly scooping every sub 200 issuance Pepe for 1eth or under, and nothing is hitting the emblem bot so it feels quiet bahahha
Replying to @garyvee
@garyvee understands collectibles, culture, history, the internet and human behaviour better than anyone. He understands NFTs better than most. He hasn't gone down the Rarepepe rabbit hole yet, but he will...and then what happens? @danielgothits
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