I've been deep-diving into many pre-sales and it's quite evident the amount of hype that this new market is generating, and there's still a lot of room for growth in my opinion.
I genuinely think that NFT pre-sales are comparable to ICOs back in 2017/2018, when very few projects required whitelisting and with no vesting schedule, so everybody jumped in in order to sell shortly after the live listing, causing many pump and dump movements, which led many projects to death.
What's your opinion about that?
Are you sure you are comparing NFT presales to ICO? First of all there's no way an NFT holder can dump immediately his NFT to the market since you need to list it first and wait for buyers to buy it unlike on ICO which is selling coins that can immediately dump there tokens to the orderbook. There's a risk to not getting back your investment on NFT in case the project fails to attract potential buyer that will give value to the NFT.
NFT weakness is there valuation. It is highly dependent on other people speculation since there's no guarantee liquidity available to sell the items compared to coins.