While the average crypto trader was busy chasing overhyped pumps and dumps, an elite cohort of investors went all-in on NFTFN’s $SNV token in a far more calculated fashion.
As the generational protocol’s highly-anticipated presale kicked off stage 1, over 30 prospectors made the no-nonsense commitment to gobble up 1 or more entire Ethereum’s worth of allocations.
This seismic accumulation not only underscores $SNV’s “010ver-the-radar” status among crypto’s savviest speculators, but confirms the project’s ethos of attracting substantive investment over frenzied ape-ins.
When the industry’s most respected independent players cooperate on such a coordinated buying spree, you know something formidable is afoot.
The 7-Figure Apefest Sending Shockwaves
The gargantuan allocations scooped up by this consortium of 30+ ETH capsuleers have already catalyzed a shockwave of hype and FOMO across the cryptosphere:
- At the minimum 1 ETH entry point, presale investors captured no less than 40,000 $SNV tokens at the basement price of $0.025
- With over 30 commitments of this size, it amounts to an absolute minimum of $780,000 raised before broader public sales
- The true allocations purchased likely dwarfed this 7-figure baseline, with reports of numerous whales gobbling up 5+ ETH
- One insider claimed a legendary accumulation titan dropped an 8-figure sum to stake their claim as the $SNV presale’s apex predator
Of course, such meteoric demand was made possible by NFTFN’s immaculately-structured tokenomics, which manufactured an artificial supply crunch right out of the gate:
- Fixed Maximum Supply: Only 1 billion tokens ever Created
- Public Allocation Squeeze: A mere 20.34% of tokens earmarked for the public crowd sale
- Drawn-Out Vesting: With 0% unlocked at TGE and a 9-month drip schedule, circulating supply is suppressed
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An Inevitable Frenzy In the Making
With all of these upside amplifiers converging into a perfect storm, it’s no wonder the $SNV presale effectively transformed into a free-for-all as soon as the first allocation tranche went live.
“It was legitimately like I loaded up the presale page and within 60 seconds the ‘buy’ button was graying out,” reported one upstart NFT investor unable to secure a meaningful $SNV position. “I honestly still can’t wrap my head around how ravenous the appetite was right out of the gates.”
As the dust continues settling from this seismic presale opening, one thing is abundantly clear: $SNV has emphatically announced its arrival as one of crypto’s premier investment narratives for 2023 and beyond.
Those who failed to mirror the unwavering commitments made by strategic Ethereum whales are sure to suffer a hefty opportunity cost as NFTFN’s revolution in NFT liquidity kicks into overdrive.
The only remaining question is whether presale stage 2 will deliver more of the same unbridled demand, or if the steadfast resolve of NFTFN’s backers will permanently etch $SNV into crypto’s Mount Rushmore of elite token accumulation events.
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The post Big Moves for This Token: 30+ Investors Go All In with 1+ ETH in Presale Stage 1 appeared first on Crypto News Land.
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