At some point the market will begin to price $MPLX according to the very clear value being generated and the strong growth opportunity. The interesting thing is over the past few years while Metaplex has undergone significant organizational / token economic / product transformations, the holder base has rotated and became incredible sticky and long term oriented. Powerful combination when either of more market attention from revenue or accelerating growth or an unexpected catalyst kick starts price action. Also, s/o to @DegenMack who has done an awesome job leveling up @metaplex comms
Metaplex 🦾
Metaplex 🦾5.8. klo 01.30
1/ In July, 5.5K $SOL ($950K) of protocol fees were used to buyback 6.4M $MPLX (over 0.6% of total supply) for the Metaplex DAO. Protocol fees also generated $2.3M, the highest since January.
2,69K