In September a friend bought this Skyridge Machamp during the vintage hype for 5k with the intention of flipping. I told him he should immediately send to auction, since it would take 2 weeks to go live and it's difficult to time the top on these market squeezes His response was "I'm going to wait until it hits 40k". Here's the problem I have with this logic - try to picture who is going to buy this card for 40k... - Billionaires might, but there's only ~5 of them bidding for their collections and once they have them they'll move on to the next card - Pop 184 means it's liquid enough to recover quickly after a squeeze - Normal collectors either can't afford paying this much or will find better value elsewhere - Alleged family office / institutional funds are here to make money, and any competent manager wouldn't want to buy the top So all that leaves are other speculators who are trying to ride the train and dump on the next poor soul without thinking through the underlying value How did this turn out? He sent it to auction a couple weeks ago when prices started dropping, but pulled it when things started crashing so it's now waiting in the vault. Price peaked at 30k and is now sitting at 4k Pokemon has highkey turned into memecoin trading, and a lot of speculators are learning an expensive lesson in upnl vs realized gains

some sick 151 and pris slabs going out to a collector who redeemed from @BONKUJI_inu. I’m actually really happy whenever ppl redeem and set up our ops to service redemptions quickly. As cool as digital ownership is, it’s also really fun to handle and display cool slabs and I want our collectors to experience that too

Just added a Gold Star Charizard PSA 8 (FMV $24k) and 10 x 1st edition PSA 10 WOTC holos to our new $500 @BONKUJI_inu gacha Was fun to curate this one, as we set a rule that cards had to be PSA 10 unless it was 10 years or older. Many of these cards come out of my own personal collection (like this swirled up typhlosion) and the only way they would ever leave is if someone pulled and redeemed them

Just turned on Cozy holder benefits on @BONKUJI_inu! If you own a Cozy Penguin (Eth), Cozy Penguin Explorer (Avax), or Woofy (Avax), you can verify them on the $20 and $100 gacha machines get re-rolls when you don't like the card that you pull and want to try again. Go to either the $20/$100 machine on BONKUJI, click the CozyNFT Holder Perks button, and connect / verify your wallet to register your Cozys. Currently limited to 5 re-rolls per month in this initial test since the effective EV boost is quite high, and then we'll adjust the cadence and turn this on for the $250 machines. I've consistently positioned Cozy Penguins as the battle pass to the Cozy ecosystem, and happy to deliver a high value holder benefit with the BONK team.