“Retardio Cousins” has quickly become one of the most popular PFP projects on Solana, where its 4,444 PFP NFTs have created a strong, cult-like community. With an $8 million market cap for the NFTs and $33 million for the associated token, the collection embraces humor and satire, challenging the seriousness of other NFT projects.
What is Retardio?
Retardio is an NFT collection on the Solana blockchain, known as Retardio Cousins, featuring 4444 unique pieces. More than just digital art, Retardio embodies a cultural movement within the crypto community, thriving on meme culture, humor, and a rebellious spirit. It's accompanied by the RETARDIO token, symbolizing the community's strength and belief. Retardio has cultivated a cult-like following, where members either fiercely love or passionately oppose it, making it not just a project but a lifestyle statement in the digital asset space.
Community
The retardio community is the major reason why the NFT is so popular today. The Telegram group has a massive 12,494 members and they have over 25K followers on X . The Retardio community, often described as a "cult" by insiders and observers, exemplifies the power of social capital in the digital age. This community's engagement goes beyond mere investment; it's about identity, belonging, and participation in a movement that celebrates the absurd and the unconventional. The community's activities, from organizing events to creating derivative content, have kept Retardio in the spotlight, often leading to spikes in the token's value and the NFT's desirability.
Retardio Cousins NFT overview
- Total amount of NFT’s: 4444
- NFT market cap: 63,645 SOL
- Floor price: 12.98 SOL
- 24h sales: 21
The NFT floor peaked in mid-summer and has been on a steady decline since, though it remains higher than on launch day. It is currently at a floor of 12.98 SOL, which seems to us to be a reasonable price to buy in.
$RETARDIO token overview
- Total supply: 999,671,379
- Market cap: $33M
The token hit its peak in July 2024 and has been on a steady decline since. We have researched the token, but there doesn’t seem to be any real utility for it or future plans. When requesting the token contract in the Telegram, you receive the message below. It’s clear the coin has no real utility.
Another reason to avoid buying the $RETARDIO token is the message below from the Telegram. The chat is full of similar messages. We advise you to ignore the token and instead focus on the potential of the NFT.
The Retardio Team
Not much is known about the team. They are fully anonymous.
Why you should buy a Retardio Cousin NFT
- Owning one could be seen as a statement of belonging to a movement that values humor, irreverence, and community over traditional investment metrics
- Despite initial skepticism or downturns, Retardio has shown resilience and growth, which might suggest a strong underlying community support and potential for future value increases.
- The team doesn't make big promises or take things too serious, which can be a good sign
- Extremely strong community
- Unique art
- Relatively affordable floor
Why you should not buy a Retardio Cousin NFT
- Volatility: : The project's value seems heavily tied to community sentiment and meme culture, which can be highly volatile. This speculative nature means prices can plummet as quickly as they rise.
- Market Saturation: The NFT space, especially on Solana, has seen an influx of similar projects. Retardio's uniqueness might wear off as more projects with similar themes emerge, potentially diluting its market share.
- While the community is strong, the market for these NFTs might not always be liquid, especially if the broader market sentiment towards such projects shifts or if there's a lack of new buyers entering the market.
- No utility. If you are looking for NFT's with utility, this one isn't it.
- "Cultish" community, sometimes the memes are a bit too far / offensive
Conclusion
If you're drawn to the unique community and humor of Retardio Cousins, and you don't mind joining a cult 😉, now might be a good time to grab one. Compared to other high-profile NFT projects like Bored Ape Yacht Club or CryptoPunks, Retardio's floor price is much more wallet-friendly. However, when it comes to the $RETARDIO token, it's best stay away from it, due to its speculative nature. If you're looking to join a community or own a piece of digital culture without breaking the bank, picking up a Retardio Cousin could be a fun and affordable choice which might benefit you financially in the future. Please note that these articles are merely to help you make informed investment decisions and are NOT financial adivce.