đ¨ Potential Market Impact of @ndestrategy Launch
I modeled how much buy pressure could come from NodeStrategyâs launch given a few different total raise amounts on Radfi, and the implications could be significant for @nodemonkes.
đKey Takeaways:
â˘$250k raise â ~ 1.4 BTC in treasury, 33 Monkes purchased, FP to ~0.046 BTC
â˘$500k raise â ~2.8 BTC in treasury 62 Monkes purchased, FP to ~0.052 BTC
â˘$1M raise â ~5.7 BTC in treasury, 110 Monkes purchased, FP to ~0.067 BTC
â˘$2.5M raise â ~14.2 BTC in treasury, 215 Monkes purchased, FP to ~0.091 BTC
â ď¸Key Assumptions / Caveats:
â˘65% of raised proceeds go to the treasury to buy Monkes
â˘Assumes bitcoin price of $114.3k
â˘Monkes purchased calculated based on current Magic Eden order book
â˘Assumes no new listings/undercuts (in reality, supply will mute FP lift)
Final Thought: even modest raises could create significant upward momentum in #Nodemonkes if the treasury executes as outlined, will be fun to watch #sendnodes đĽ
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