We Sell Out Of Mutant Ape Yacht Club As It Drops In ETH & $USD Value 

April 25, 2023

  • Last week we held MAYC at a floor price of 12.5 ETH. 
  • MAYC dropped in ETH value, and ETH dropped in $USD value
  • This portfolio is outperforming BTC by 38.22% and ETH by 47.66%

Most NFT collections are down for 7D and 30D floor price (priced in ETH). We entered $MAYC on April 4th and capitalized on Ethereum’s growing $USD value. We decided to sell out of ETH on April 22, 2023 as it did not show any improvement. 

If you found this helpful, Subscribe to The Art of the Bubble’s free newsletter.

Join us on Discord for live chat and daily updates. Find us on Twitter too.

You found this content helpful ?

  1. 1
    Join our free weekly "Bubble Bulletin" for more
  2. 2
    Join us on Discord for live chat and daily updates
  3. 3
    Follow us on Twitter
  4. 4
    Share this content using the buttons below :

Disclaimer

This piece of content is provided for educational and entertainment purposes only. Robin Technologies and Analytics LLC is the firm that distributes 1.2 Labs products. The firm does not provide individually tailored investment advice and does not take a subscriber’s or anyone’s personal circumstances into consideration when discussing investments; nor is Robin Technologies and Analytics LLC registered as an investment adviser or broker-dealer in any jurisdiction.

You should expect no financial returns one way or another based on statements contained herein. These points hold equally for any statements that could be attributed to The Art of The Bubble or any related business entities or personnel operating in association with Robin Technologies and Analytics LLC.

If you decide to buy or invest in anything, then your returns and potential losses are your own. No statements about taxation are taxable advice and you are encouraged to consult your own tax professional. You are also encouraged to do your own due diligence before investing in anything.

RELATED POSTS:

April 29, 2024

September 28, 2022

January 10, 2023

September 26, 2022

June 5, 2023

December 12, 2022

April 10, 2023

October 11, 2022

June 18, 2021

LATEST POSTS:

May 20, 2024

May 16, 2024

May 15, 2024

May 14, 2024

May 9, 2024

May 8, 2024

May 7, 2024

May 6, 2024

May 2, 2024

What do do now?

Join the free 1.2 Labs "Bubble Trading" Bulletin for new trading strategies, macro & sentiment analysis and occasional free airdrops