After Binance Wallet pulled Hook Summer out separately, I feel that this wave of v4 hook narrative is no longer just a small circle self promotion. It began to move from "on chain experimental products" to the stage of "platforms willing to provide entry". At this point, looking back at Ethereum: 0x44b28991b167582f18ba0259e0173176ca125505, its significance is not just an old project. UPEG is actually one of the earliest examples in this wave of Hook Summer to explain "what hooks can do" clearly: Not just sending a meme, It's not an ordinary NFT either, But rather turning the transaction behavior itself into object generation logic. Every time we swap, New 24x24 unicorn SVG will grow on the chain; Only when the position crosses the integer threshold, This object identity is truly materialized. So 0.9 uPEG and 1 uPEG are not the same thing in this system. The former is more like chips, The latter begins to resemble an 'object'. And recently, I think the most interesting thing about it is not just the mechanism itself. The community has started to spontaneously discuss the rarity of these unicorn NFTs. What does this mean? It means that when you look at uPEG, you are no longer just looking at price and K-line. But rather looking at: What do different SVGs look like, Which traits are less common, Which integer objects are more worth collecting, Which will gradually form the "rare items" in the community consensus. This is crucial. Because the culture of many projects is hard written by the project team. But for things like uPEG, if the community starts discussing rarity, aesthetics, and object differences on its own, Then it's not just a hook experiment, But rather, it is moving towards the 'on chain native collection culture'. Why do we have to look at it again now? Because when Binance Wallet started to make Hook Summer into sections, The next step for the market will be to ask: Hook is just a short-term meta, Can a new way of expressing assets really grow? Ethereum: 0x829f4b62eebe12af653b4dd4fc480966f7d7f09 $LO0P SLOP, each answering this question, But uPEG may be the first to take the path of "objectified tokens+community rarity discussion". So I understand that the market is re examining uPEG now, not to see if it has any new stories. But rather looking at: As Hook Summer moves forward, Will the first batch of experimental products that went in the right direction and began to grow community culture be re priced.