Key Insights from Today’s on-chain behavior
- Pudgys and Sappy Seals pumping
- Keungz Kubz minting
- PECO compromised, looks bad on the dashboards but the hack was in fact relatively small
- Keungz Kubz auction contract had almost $3m inflow, with close to 3k wallets participating, 5 among them smart money. Keungz Kubz will be the “second tier” collection to the Keungz ecosystem (similar as MAYC vs BAYC). There will be 3000 winners to the auction and the 3000th highest bid will be the final price, whereas 0.1 ETH is the minimum bid. The whole ecosystem is centered around Keungz, and owning one of the NFTs gives you access to some discord group, and P2E functionality. The minters of the original...