This shit reminds me of the slow cook of ORDI. I believe this could realistically reach $10M+ or go all the way to zero.

At roughly a $1.2–1.5M market cap today, with $PRINTER trading around $0.007 on a fixed 200M supply, the setup feels pretty binary.

The collection is capped at 10,000 Machines, all fully minted on RH.
The day-one floor was around 0.005–0.006 ETH, basically free-mint territory and under $10. Today, the floor is sitting near 0.06 ETH, roughly $110–$120, after grinding higher for several days.
Activating one Machine requires 5,000 $PRINTER. Of that, 4,250 tokens are permanently burned as ink, while 750 go toward the operating charge. Once activated, the Machine stays active permanently.

You can then burn more $PRINTER to increase that Machine’s permanent weight.

The multiplier follows:

multiplier = √(total ink burned ÷ 4,250)

That means roughly:

- 1x at 5,000
- 2x at 20,000
- 3x at 45,000
- 4x at 80,000
- 10x at 500,000

Those higher multipliers are also tied to protocol-wide burn milestones. 2x unlocks after 25M total tokens are burned, 3x after 60M, 4x after 100M, and the remaining limits disappear once total burns reach 150M.

So far, 25.3M $PRINTER, or 12.66% of the entire supply, has already been destroyed. 5,899 of the 10,000 Machines are inked, meaning almost 59% of the collection is already active.

The fee treasury is also sitting at around $116k+

$PRINTER charges a 5% sell fee, with most of that value eventually routed into tokenized equities that are distributed to the NFT wallets. So the Machines are designed to turn trading activity into equity exposure over time.

There is also another potential demand sink coming through Anvil, where crates or queue buys are expected to require 25k–50k $PRINTER.

If the first stock distribution works smoothly and Anvil generates meaningful volume, the system starts looking like a real flywheel:

trading volume creates fees 👉fees fund equities,
Machines receive those equities 👉 and demand for Machines and higher weights creates more $PRINTER burns.

A move toward $10M+ would then simply mean the market is pricing in a functioning version of that flywheel while the project is still relatively early.

But the downside is just as important.

You have a 10k collection that moved from roughly 0.005 ETH on day one to around 0.06 ETH today, 12.66% of the token supply already burned, almost 59% of Machines activated, $116k sitting in the treasury waiting to become equity, and a burn system that permanently increases each Machine’s relative weight.

At the same time, the first stock distribution still has to prove the whole model works. There is enough structure here for a realistic shot at $10M+. There is also enough early-stage risk for this to go to zero.

Size it like a binary.

Not financial advice.