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SmartMoney Investor Earns $3.5M Profit from RLB Tokens, Bit Rot Auction Begins with 5 Tokens Minted at 0.142 ETH

4 posts • GPT (3)

Published Nov 3, 2023, 02:07 AM

A SmartMoney investor sold 5 million RLB tokens for 614 ETH ($1.1 million) and added 4 million RLB liquidity on Uniswap. The investor has bought a total of 23 million RLB tokens at an average price of $0.068, resulting in a total profit exceeding $3.5 million. Bit Rot, an artwork exploring data degradation, is about centralization vs decentralization and the eventual death of CC0 NFTs. The Bit Rot auction, in partnership with FingerprintsDAO and Highlight_xyz, is starting soon. Rollbit, a crypto trading platform, experienced higher trading revenue and burned $250k worth of tokens in a 24-hour period. Bit Rot auction settled at 0.142 ETH, with rebates and discounts available for participants.

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#SmartMoney #Uniswap #Bit Rot #FingerprintsDAO #Highlight_xyz #Rollbit

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Nahiko

@Nahiiko

Bit Rot Rebates & Discounts: After thourough analysis by @Highlight_xyz we can confirm the auction settled at 0.142 ETH (5 tokens minted at this price) This means: - anyone who minted above that price will get the difference refunded. - eligible wallets to discounts will get… https://t.co/7hO8yG9ARO

Nahiko

@Nahiiko

Bit Rot is starting in 30 MINUTESSSSS "To infinity and beyond!" https://t.co/V1ujxUQ8Cp

Sisyphus

@0xSisyphus

On 10/23, Rollbit did an extra $800k of trading revenue compared to its average day; $250k of tokens burned, in one 24-hour period 30 days at this pace is an extra 1% of RLB supply burned, *monthly*. If retail crypto volumes ever return, rate of repurchase profoundly changes https://t.co/KXAXGpgEud

SmartMoney Investor Earns $3.5M Profit from RLB Tokens, Bit Rot Auction Begins with 5 Tokens Minted at 0.142 ETH

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