It seems the market is getting back on track, with BTC in the green again. I've noticed that the market tends to turn green towards the weekend, but I'm still trying to figure out the reason behind that. With this new development, I've started exploring other projects, mostly NFT-based narratives like Memeland, Pixelmon, and Mocaverse.
These projects have been making waves, even though we thought NFT narratives were gone for good. Mocaverse, in particular, has caught my attention - it's a collection of 8,888 unique NFTs by Animoca Brands that connects people and projects in Web3, gaming, and entertainment. What are your thoughts on such projects? Have you checked out any NFT projects recently?
Every project that's newly launched or you firstly have heard is always making waves. But wait for it for a couple of months or several, you'd see that there will be a drop for its narrative and demand. I know that many of us here are very enthusiastic about these web3 matters, games, real world assets and other stuff. But the narrative isn't going to last with what's current in the market.
What's going to last is no doubt Bitcoin, Ethereum and probably some other competitors of it like Solana, BNB and other top altcoins that have been chosen by the community. The last time that I've seen people got hyped by NFTs was with the BAYC and I have no updates about them anymore and it's either that they've just remained silent and just took their losses.