Downtrend week for NFTs this week I would say given that nft floor price for most of the blue chip NFTs are on decline. I suspect because new NFTs coming into the market taking the excitement such as Stepn shoeboxes, the americans, kingship, and terraform doing some reasonable volumes as well as people taking profit and de risking from crypto price recovery https://www.coingecko.com/
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BoardSpeculation (Altcoins)
Re: Bitcoin price and NFTs market
by
minhtra
on 18/07/2022, 17:14:36 UTC
If ETH price continue to go up, i expect NFT floor price to fall if investors are cautious and want to risk manage holding their NFT and sell ETH for dollars first
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
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BoardSpeculation (Altcoins)
Re: Is this the end for NFTs?
by
minhtra
on 10/06/2022, 16:58:52 UTC
What will big companies do with NFT, will people realize and buy them or there is not enough reasons to do so
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BoardSpeculation (Altcoins)
Merits2 from 1 user
Topic OP
Lido Staked ETH (stETH) is depegging, is this another disaster?
stETH to ETH ratio is now trading at 0.95 ETH. According to Lido, 1 stETH is always 1 ETH redeemable after the proof of stake merge. Lot people use stETH to do leverage borrowing - is another Terra incident coming or is this different?
i really think its just hype, floor prices are down bad everyone just wants to move to stabler assets
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BoardSpeculation (Altcoins)
Topic OP
Is this the end for NFTs?
by
minhtra
on 09/06/2022, 15:11:12 UTC
NFT was the talk of 2021. Now if we look at floor prices for all popular collections https://www.coingecko.com/en/nft other than BAYC there is nothing that performs well. Cryptopunks are down big. Same for azuki, moonbird, coolcats. Collectors are now looking for good fundamentals, but how can NFT give it? Discuss?
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BoardSpeculation (Altcoins)
Re: Tell us about the best altcoin in the current situation.
Axie is likely to make a comeback with the new launch and LAND play. maybe RONIN will do well too. Its down now alot making it undervalue relatively https://www.coingecko.com/en/coins/ronin and RONIN will do really well when more games other than Axies launches as well as DEFI