Scan to download
BTC $60,529.37 -3.14%
ETH $1,546.19 -7.65%
BNB $573.46 -3.10%
XRP $1.08 -4.80%
SOL $61.77 -6.79%
TRX $0.3185 -2.06%
DOGE $0.0804 -4.82%
ADA $0.1542 -6.12%
BCH $218.58 -3.85%
LINK $7.26 -4.50%
HYPE $58.52 -5.00%
AAVE $60.55 -9.90%
SUI $0.6934 -2.61%
XLM $0.1953 +2.27%
ZEC $368.43 +12.69%
BTC $60,529.37 -3.14%
ETH $1,546.19 -7.65%
BNB $573.46 -3.10%
XRP $1.08 -4.80%
SOL $61.77 -6.79%
TRX $0.3185 -2.06%
DOGE $0.0804 -4.82%
ADA $0.1542 -6.12%
BCH $218.58 -3.85%
LINK $7.26 -4.50%
HYPE $58.52 -5.00%
AAVE $60.55 -9.90%
SUI $0.6934 -2.61%
XLM $0.1953 +2.27%
ZEC $368.43 +12.69%

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

2024-11-25 16:49:14
Collection

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.