Minah retweeted
This is exactly what happens when projects allocate their spots to the wrong wallets.
Projects are blindly trusting bad collab managers without verifying the quality they bring in.
Floor goes to zero within a day.
The data speaks for itself:
β’ 130 minters linked to bot clusters
β’ 294 wallets with no collecting history
β’ 383 historical collectors flagged as high flip risk
β’ Only 153 of 881 wallets passed every collector check
Within 40 hours, 66% of minting wallets had already dumped their NFTs.
Too many projects measure collab managers by how many whitelist spots they fill, rather than the quality of the holders they attract.
A filled whitelist means nothing if those allocations end up with bot farms, serial flippers, and wallets with no genuine collecting history.
This is why projects need to verify both their collab managers and the wallets entering through their partnerships.
Whitelist quantity < Wallet quality.
All this information was publicly available before mint.
An investigation into why @TopFloorFun fell from $40 to $2 after mint:
888 free mints. 881 wallets. We ran every single minter through CuratedApes Whitelist Intelligence and followed the money.
The chart didn't crash. The chart was never real.
This was rigged to crash.
1. The bots
130 minters (15%) sit in 27 bot clusters: groups of up to 12 wallets that pay each other, were funded in the same transaction, or send their mints to the same wallet.
Thatβs not 130 collectors. Thatβs a few people with a few dozen wallets each.
2. The ghosts
294 minters (33%) have no collecting history at all on Ethereum. 81 of them have never made a single transaction.
3. The flippers
Of the wallets that do have a history, 383 (65%) have a high flip risk: they sell most of what they buy, fast. Their whole history says they were never going to hold.
The average Collector Score across all minters: 701 of 2,500.
Clean collectors who passed every check: 153 of 881. That's only 17%.
4. What happened next
Within 40 hours, 578 of the 881 minting wallets (66%) had already moved their TopFloor out:
75% of the bot-cluster wallets
66% of the ghost and flipper wallets
56% of the real collectors
Sweepers picked up the bottom. One wallet bought 22 TopFloors from 22 different minters. Another took 8 in a single transaction for 0.081 ETH. Thatβs about one cent of ETH per β$40β NFT.
The verdict
TopFloor didnβt fall from $40 to $2. It was minted by wallets that were always going to sell, and they did.
A full whitelist doesn't mean you have demand. It means you have wallets.
And if you don't know who's behind those wallets, you'll find out the hard way when your floor becomes their exit liquidity.
This is what Whitelist Intelligence is for: run your list before mint, not after the chart.
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Minah retweeted
Now this is how you start a new chapter
@grvt_io has already completed its first buyback: 1.1M GRVT, nearly 1% of circulating supply
And here's what matters to me:
β Tokens sent to the burn address, not held in treasury
β Transactions publicly verifiable onchain
β Future buybacks intended monthly, but discretionary
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Minah retweeted
What should NFT ownership actually unlock?
Access?
Free mints?
Creator boosts?
Something else?
@0xhazels is already pushing ownership beyond just sitting in a wallet.
Curious what people value most
#WEAREHAZELS
π€ Made with AI
























