Don’t bet against $SV151 and
@dAssetSOL
Current market cap of SV151 on Solana is $911.4k. They have 300k worth of cash and assets that puts the NAV per token at ~$0.3
Token is still trading at a premium, but a week ago it was even worse at the market cap of $2.4m
Luckily time works in our favor because if we process more volume, the fees will increase consequently filling up the treasury and raising value per token
And if we go down, the trade will become better and better, possibly making the token counterpart superior option due to it being FULLY liquid at any moment of time
Although it’s a good mechanism for an RWA token, the price can still go down if people lose interest in Pokémon items
Here you have to look at the broader picture, and realize that this is only the beginning for dynamic assets
Future of
@solana is bright with Dynamic Assets
We have made our first SV151 purchase.
147,299 USDC, in exchange for:
- 406x SV151 Bundles
- 61x Blooming Waters packs
- 1536x loose SV151 packs
For a total of 4,704 packs, split across sealed bundles and loose.
These will be split across our US & Singapore facilities.