Arbitrum Airdrop Season + Perpy, APE or not?
Read this Duneboard & Data to help u
Arbitrum Airdrop Pumped PerpyFinance Camelot Auction to the moon
How much did $ARB influenced the auction momentum?
Should u ape in on the 21st on $PRY TGE?
Checkout everything with dashboard & Data
📌TLDR
🔹Retail went hard in auction after $ARB token announcement on 16th
🔹More bigger investor took part in the auction
🔹More investment from non-whitelist investors vs white listed
🔹Ape or not on 21st when $PSY TGE?
📍Numbers are meaningless when u can't campare.
Using $WINR as comparison as its capped auction @CamelotDEX too
Difference
🔹$WINR testnet product (but quite finished with gamble games & staking)
🔹$PRY working product
🔹$WINR has more twitter exposure vs $PRY (gut feel)
🤔Number of Auction participant
@PerpyFinance 3,925 ✅
@WINRProtocol 2,843
🤔Amount Raise
@PerpyFinance 5m, 20m FDV, 5.75m inital Mcap ✅
@WINRProtocol 2.8m, 28.65m FDV, 2.58m inital Mcap
Perpy was fully filled early and WINR was not fully subscribed
🤔Whitelist ainvestor VS Non Whitelist investor
Perpy has a slow start with whitelisted investor but a huge spike of non whitelisted investors after $ARB token announcement on
💸Majority of the funds are generated after the whitelist process
🤔More "whales" invested amount investor
1.3m raised compare to 63k investment in above 25k investment
830k compare to 326k raised in 5k-10k investment
❓Is it because of $WINR was a profitable IDO for investors n they are doubling down on the latest launch?
📍Ape or not on 21st
Since 16th $WINR 0.04 (3.9m Mcap) to 0.07 (9.4m Mcap)
Personally i think both token are $ARB token hype driven, either one has show a strong sign of cult following or product traction.
if i put my degen hat on, given if the market stay hot
WIth 5.75 inital Mcap potenitally some funds rotation, $PRY might be able to look for 8m-12m Mcap. approx 1x gain.
Do note both tokens are micro-caps, degen play. i prob just do some quick short trades if im free.
i still think in mid to long term if there are not significant development it might is still a ❌unproven market and ❌over priced.
Short trade wise ✅narrative, ✅hype, ✅$ARB
Pick ur move wisely anon
Check out my full intro & analysis here
Check out more detail about the numbers & full duneboard here
https://dune.com/aleawu/perpy-fair-auction-on-camelot
follow my bro @AwuAle
Thanks for reading
👍your insights are great! I'd rather miss it than be impulsive