Post
Topic
Board Speculation (Altcoins)
Re: Uncertainty in the NFT market
by
leea-1334
on 04/07/2022, 04:58:53 UTC
Most nft floor price are down in a big way. Although price are stabilizing, i think traders are just watching whether Bitcoin will break below $19,000  and ETH below $1,000 before another rout

Especially I think because NFT biggies like BAYC are priced in ETH,,, yes, as soon as ETH trades for one entire week below 1k, these NFT floor prices are going to drop beyond what we think is possible.

The naughty NFT tricksters are up to wash trading tactics again also I am hearing on some marketplaces and STILL only can make 10% of February trading volume!