Spotted these 4 Hive Punks below the mint floor price (20 Hive) so I couldn't help but pick them up to add to our collection. At 20 Hive we are talking $1 USD per Hive Punk! What a deal considering it was around $16 to mint them back in the day. Even if this project ends up being a historical relic of the NFT bullrun its still kind of fun to collect and holding for the culture.
Will Hive Punks ever make a comeback? I think so, but it would take more users coming back to Hive first during an altcoin run to really stir up more interest. Everyone loves Hive when the prices are going up, and they all disappear when the going gets rough. Times like these are the best to accumulate large positions in preparation of the next bullrun - but only those who are experienced and willing to take the risk will reap this reward.
VIP is also backing the PUNKZ project by providing market liquidity and holding the underlying Hive Punk assets backing the PUNKZ tokens. By utilizing a multi-investment strategy we can accelerate our growth over time rather than relying purely on Hive alone.
Each PUNKZ = 1% of a Hive Punk NFT and represents a liquid derivative of the Hive Punk market. For example if one Hive Punk is 20 Hive then 1 PUNKZ would be approximately 0.20 Hive on the market. PUNKZ can be traded in OTC for the actual NFTs or traded on the market as prices fluctuate.
@vipservice account stats:Bought and powered up more Hive twice this week as well. At these prices Hive has found a little bit of support temporarily it seems. Whether or not it goes lower its still an incredible time to accumulate for long term. The risk is that Hive fails and goes towards zero or gets abandoned in the future do to user collapse. Therefore I'm willing to risk a few thousand dollars on this asymmetrical bet - If Hive goes to zero the most I can lose is 100% and if it has upside then 100% is easily accomplished if not multiple hundreds or thousands of percent gains.
Through continue curation efforts, the expansion of our VIPService curation trail and posting I hope to keep expanding this project daily. Please join me and others around the world in making Hive a great place to hang out again :)
