NFT’s, Animal Meme Coins, BSC

During this month of March, we have witnessed amazing things in the Alt-coin space. Most Altcoins pumped fairly well and NFT’s, or Non-Fungible Tokens have been trending due to their unique commentary on existence and value. Such as the Banksy to blockchain NFT in which value was seemingly translated from one form to another. Now the value lies within the NFT on the blockchain because the original physical copy no longer exists. The owner felt confident enough in the blockchain representing the artwork and burned the original. I’m certainly a fan of NFT’s such as Topshots, CryptoPunks, HashMasks, Toshimon, 0xmons, MEME, and many more. One way to think of NFT’s and their term “non-fungible,” in relation to cryptocurrency is to liken it to something as say a house, a car, a piece of artwork. Value depends on certain factors that make up it’s character, such as location and size for housing, brand and luxury for cars, skill and historical value for artwork. Many different factors go into the community determining the value of a respective NFT. Sports stars and other celebrities are even using their platform to create NFT’s in the name of donating to charitable organizations.

Animal Meme Coins are on absolute steroids! Who knows how long this will last but, we entertain these types of activity to feed the degen side of us. Be careful, play small, win big lol. Our .3 ETH $GRUMPY bag turned into a real fat bag, fat cat bag.

For the majority of our trading activity we have been using The Binance Smart Chain. The Ethereum network fees are just too high for small plays or interacting with NFT’s of value lesser than a CryptoPunk, 0xMon or HashMask. BSC has been giving us very generous returns and only costing pennies a transaction. A notable project we have been focused on is Wault Finance. Check em’ out.

Author: admin