LONG READ
Comparison of the 3 released 10k supply collections
In this post, we'll break down why, after the reveal, you could already tell why 2 out of 3 projects are going nowhere
1. TheGloobs - after the reveal happened, I noticed a massive wave of listings begin, even though there was active buying... about an hour after the reveal, roughly 20–22% of the supply was listed. That's why I was selling at that point I see no reason, as a trader, to fall in love with a project's art and shill it when I see no potential and no community
2. PEPE EXPLORERS - exact same situation. I was selling before the reveal, and when it happened, I saw no reason to buy this project. When the price corrected to 0.009e fp, I could see that 20–25% of the supply was listed... and a massive wall around 0.012e
3. Blupets - if you're a trader, you had reason to sell around 0.03 ETH before the reveal, and buy back in yesterday at 0.016–0.018e
Why? Yesterday, when the price dropped to 0.016 ETH, we could see only 9% of NFTs listed - meaning the community is holding their NFTs and isn't even willing to list them. Right now, 9% of NFTs are listed, and the main wall starts at 0.035–0.04 ETH, with around 100–150 NFTs listed there
In this post, I'm trying to explain why, in my view, Blupets is the runner and if you're choosing which one to buy, it's clearly Blupets