BTC $81,560.31 -3.48%
ETH $2,395.94 -4.61%
BNB $730.16 -2.53%
XRP $1.32 -4.30%
SOL $104.55 -3.55%
TRX $0.3302 -0.44%
DOGE $0.0791 -5.11%
ADA $0.2137 -6.60%
BCH $274.45 -5.20%
LINK $11.97 -5.63%
HYPE $78.20 -3.94%
AAVE $146.97 -7.33%
SUI $0.9788 -6.70%
XLM $0.1765 -5.02%
ZEC $1,232.76 -7.93%
AAPL $345.85 +0.36%
AMZN $253.17 -3.51%
GOOGL $328.30 -1.53%
MSFT $525.62 -1.22%
META $658.04 -7.51%
NVDA $213.74 -3.10%
TSLA $382.01 -1.27%
SNDK $1,286.52 -6.97%
INTC $87.73 -5.40%
SPCX $150.59 -7.64%
MU $871.51 -4.61%
AMD $514.58 -6.61%
BTC $81,560.31 -3.48%
ETH $2,395.94 -4.61%
BNB $730.16 -2.53%
XRP $1.32 -4.30%
SOL $104.55 -3.55%
TRX $0.3302 -0.44%
DOGE $0.0791 -5.11%
ADA $0.2137 -6.60%
BCH $274.45 -5.20%
LINK $11.97 -5.63%
HYPE $78.20 -3.94%
AAVE $146.97 -7.33%
SUI $0.9788 -6.70%
XLM $0.1765 -5.02%
ZEC $1,232.76 -7.93%
AAPL $345.85 +0.36%
AMZN $253.17 -3.51%
GOOGL $328.30 -1.53%
MSFT $525.62 -1.22%
META $658.04 -7.51%
NVDA $213.74 -3.10%
TSLA $382.01 -1.27%
SNDK $1,286.52 -6.97%
INTC $87.73 -5.40%
SPCX $150.59 -7.64%
MU $871.51 -4.61%
AMD $514.58 -6.61%

Andrew Kang: BLUR is a good choice, the NFT market will make a comeback

2024-11-25 16:49:14

ChainCatcher news, Mechanism Capital partner Andrew Kang posted on social media: "If you believe the market will rise significantly from now on and that there will be overheating, then you must believe that the NFT market will make a comeback as a way for people to show off digitally.

Memecoins have indeed siphoned off some speculative energy from the NFT market, but those who still hold NFTs are not in a hurry to sell. There is almost no supply in the market, so it only takes a small wave of enthusiasm to reignite momentum.

Azuki is about to launch AnimeCoin, and other top projects may take similar actions, which could serve as catalysts.

This is also why I think BLUR is a good choice, with significant upside potential in the future. With most unlocks already completed and the token not having experienced a major increase yet, it currently appears quite attractive as a bet on the overall NFT industry. Since its launch, BLUR has almost absorbed the entire market share of the NFT market."

app_icon
ChainCatcher Building the Web3 world with innovations.