Collector Crypt's $62M revenue is the same money, going in circles

Collector Crypt’s reported $62M revenue was almost entirely ($58M) recycled external deposits looped through automated buyback bots, not organic demand - evidenced by 93% volume from top wallets and metronome-like bots making identical $250 buys 20 hours/day

The vault holds real graded cards worth $18.6M and recycling was disclosed, but revenue equals the float with near-zero net value creation

https://x.com/johna2an/status/2071106458695901425?s=20