Scan to download
BTC $76,860.84 +1.41%
ETH $2,274.64 +1.28%
BNB $617.15 +0.02%
XRP $1.37 +0.04%
SOL $83.72 +0.92%
TRX $0.3260 +0.72%
DOGE $0.1084 +2.64%
ADA $0.2479 +0.61%
BCH $442.29 -0.81%
LINK $9.14 +0.54%
HYPE $40.42 +1.69%
AAVE $93.04 +1.09%
SUI $0.9129 +0.52%
XLM $0.1591 -0.32%
ZEC $345.44 +5.98%
BTC $76,860.84 +1.41%
ETH $2,274.64 +1.28%
BNB $617.15 +0.02%
XRP $1.37 +0.04%
SOL $83.72 +0.92%
TRX $0.3260 +0.72%
DOGE $0.1084 +2.64%
ADA $0.2479 +0.61%
BCH $442.29 -0.81%
LINK $9.14 +0.54%
HYPE $40.42 +1.69%
AAVE $93.04 +1.09%
SUI $0.9129 +0.52%
XLM $0.1591 -0.32%
ZEC $345.44 +5.98%

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.