Lately, I've been flipping NFT floor prices, and the most straightforward feeling is "liquidity just disappears," with a bunch of listings but actual transactions evaporating like vapor. Royalties are also quite awkward—if you collect them, trading becomes colder; if you don't, the narrative relies on love-powered energy, and the team can easily slack off... Anyway, it all ultimately shows on the floor, dropping very honestly. When the community narrative is hot, everyone talks about long-term holding; when it cools down, only a few panic sell orders remain, with that chain of stop-losses feel
View Original