A Hamster trades better than Warren Buffett

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Creator: Nathan Roth

Bitfinex Got Rugged

Folks, sometimes you just can't make these things up.

Luckily, with blockchain technology epic fails are on full display and easily traced. On Monday, the crypto exchange Bitfinex was hit with a $23.7 MILLION gas fee when it was trying to deposit $100,000 of Tether USD into a specific wallet. How the heck did this happen? Well what we do know is that Bitfinex was sending this Tether to DeversiFi at around 7 am EST and likely someone manually "fat-fingered" an irrationally high gas fee. This is especially ironic since DeversiFi advertises a service to “avoid gas costs and frustration, saving you time and money with every trade or swap". Likely this was a human failure from manually inputting the fee on DeversiFi's end. Regardless, an Ethereum miner just got the payday of a lifetime from that transaction!

Hamster is the Warren Buffett of Crypto

I might be running to Petco before I make my next crypto purchase. For those of you who haven't heard, Mr. Goxx is a hamster who trades crypto. Yup— you read that right. A rodent trading crypto. He began trading in June of 2021, and for a new trader, Mr. Goxx is doing incredibly well. He is currently up 15% on his portfolio which is outperforming The S&P 500, Cathie Wood, Bitcoin, and probably you too.

Here's how this hamster makes his trades: Mr. Goxx has an "Intention Wheel" and two tunnels (buy and sell) in his little hamster house. A computer cycles through a list of 16 cryptocurrencies (DOT, XLM, IOTA, BTC, TRX, XRP, ADA, ETH, CHZ, LINK, DOGE, BCH, PAN, EOS, LTC, UNI) while he runs on his intention wheel. Once he stops running, the computer sets his "intention" to buy or sell that coin. Running through the buy tunnel will purchase €20 of the specified coin, and running through the opposite tunnel will liquidate the position. Check out Mr. Goxx's livestream here.

Now all we need to know is how good Mr. Goxx is with NFT's.

What's Dropping?

• Metachamps opened up their whitelist for their Genesis jersey NFT drop

• The Pixel Gang stealth dropped on OpenSea triggering Fang Gang fans

• FoxyFam sold out their 3,333 drop at 0.03 ETH, the current floor is 0.17 ETH

• Robotos, the floor continues to sit above 1 ETH along with Dead Fellaz

• Galactic Apes, which stealth dropped this past weekend has traded 6.1k in ETH in the past few days

• BYOPills total available supply is just 7.6% while the BYOKEY price nearly doubled in the past week with the coming anticipation of the upcoming Apostle minting opportunity for holders of both

• Winter Bears sold out their 10k drop on Monday, the current floor is 0.37 ETH

• Fangorians mint this week

• Speaking of Apes, Marshmello is the latest mega-star to pick one up. He purchased Ape #4808 for 75 ETH

• NBA legend Shaq has joined Creature World NFT by changing his profile picture - see here. The floor also surged to nearly 3 ETH at the time of this writing.

• Rug Pull Frens - featuring art by Raimochi - posted details on their whitelist opportunity for their upcoming 10k drop

• BAYC floor is sitting comfortably at just under 40 ETH for the past two weeks.

• Christie's wrapped this week's NFT auction featuring 5 Crypto Punks and 4 Board Ape Yacht Club Apes in Hong Kong today

• Pixel Vault will have its first minting open to the public since the launch of Punks Comics in the next few days

• After weeks of waiting, Adam Bomb Squad finally released their metadata

Meme of the Day

Creator: @staoshi_nft

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Gannon Breslin, Kayla Kilbride, Mike Scarp, CryptoVonDoom, Nathan Roth

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Disclaimer: The Drop DOES NOT provide financial advice. All content is for informational purposes only. The Drop is not a registered investment, legal, or tax advisor or a broker/dealer. Trading any crypto-related asset is extremely risky and could result in significant capital losses.

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