The digital asset $PUPS, encompassing a BTC brc20 token, NFT, and a SOL token, has become a focal point in the cryptocurrency market due to its unique composition and the diverse investment opportunities it presents. This asset has attracted attention for its volatility and potential for price arbitrage across three different asset types, a characteristic not commonly seen in the market. Investors have noted the complexity and the high-risk, high-reward nature of $PUPS, with some holding it as the largest position in their portfolios, highlighting its significant growth from sub-$1 prices to ambitious future valuations, aiming for at least a $10B FDV and eventually $80B by peak. The asset saw a substantial increase, with a 57% rise in a single day, reaching a $60 price point and a market capitalization of $458 million. Additionally, the trading dynamics of $PUPS tokens on different platforms indicate a notable price discrepancy, offering further arbitrage opportunities. The enthusiasm around $PUPS is also tied to a broader vision, with investors like CrypticFelix rallying behind the motto 'BELIEVE IN SOMETHING, BELIEVE IN WORLD PEACE'.
1K PUPS BRC-20s selling for 0.8-0.9 BTC a pop 1K PUPS on SOL costs 72K and selling nets 68K rn ๐ค๐ค๐ค
PUPS looks like it wants to fill the Ansem wick ๐ +57% today to $60 and a $458M market cap https://t.co/1AOKZlrD3c
$PUPS is BY FAR the largest position in my portfolio, which is crazy considering I essentially threw dust at it sub-$1 as a moonshot play. No selling until atleast $10B FDV. Weโre eventually going to $80B by peak. BELIEVE IN SOMETHING, BELIEVE IN WORLD PEACE ๐โฎ๏ธ