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A new ERC20 wrapper called $FLIES has been created on @base, allowing users to convert their XCOPYART ERC1155 'MUTATIO' NFTs into ERC20 'FLIES' tokens. The wrapper has seen significant activity with almost 19k MUTATIO NFTs wrapped, $34k in community-owned liquidity, $3.8k 24h volume, and 37 unique holders. The $FLIES token initially had slow uptake but has gained momentum, reaching $140K in volume. The wrapper provides better liquidity for XCOPY holders and easier exposure to XCOPY for speculators without owning the NFT.
This XCOPY just sold for 35 ETH ($123,585) Seller bought it for 14.7 weth, that’s about 20E profit in 2 months (+137%) W NFT trader, we are slowly coming back 😅 https://t.co/7SBAArdlCy
This is oddly misleading… No, XCOPY has NOT released a memecoin on base This is a wrapped fungible version of MUTATIO so large holders can access liquidity to sell. If you buy this expecting it to pump you will get rekt as it is arbitraged back to the $6 the NFT is worth https://t.co/xaOoCEZs56
youre telling me they made the xcopy base nft liquid with this erc20 wrapper?
