@BLOCKCHAIN BOSS 007
In 2021, an NFT collector was offered more than 1,000 $ETH for a Bored Ape at the height of the NFT boom. He turned it down, believing the asset would continue rising alongside the broader market.
Fast forward to today and NFT floor prices have collapsed, while $ETH remains one of crypto’s strongest assets. The user recently joked that rejecting the deal saved the buyer hundreds of $ETH, highlighting just how much the NFT market has repriced.
The post has reopened a familiar #crypto question. In a hype cycle, is it better to hold culture, or take liquidity and rotate into stronger assets.
ETH
3,120.11
+0.40%