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These type of mint structures are created to induce fomo, so I’m not surprised that the floor is higher than mint price in the short term.
- 2500 of the supply allocated to free mint. Overallocated by 4-5x. As a whitelist holder if you miss mint you’re immediately hit by fomo and want to still get in .
- Open public mint immediately and price it at 0.0049. Enough to make a decent amount of bag but not enough for degens to think about the mint price. Blind mint out of fomo because you think you’ll miss out on a runner and so what? It’s just 20 bucks right?
- The fomo carries over as people still miss out. Overallocated wl and public botted. Many feel like they’re missing out and quickly rush to buy secondary.
This is all textbook.

23 tuntia sitten
Despite the fud, jpegs is flying
Free mint (or 0.0051eth) to 0.012eth
Traders are still hungry for mints regardless of market conditions

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