I added 5 Gremlins to my collection yesterday. Accepted an offer, which didn’t turn out to be great—my average purchase price ended up around $35. Today, the bid price has dropped close to $20! @GremlinCartel
Prices for verified NFT collections on the Robinhood Chain have plummeted. However, looking closely at the reasons, it becomes clear that this is not the death of the market, but rather a temporary anomaly.
All the liquidity from legitimate, proven projects is currently flooding into hyped-up scam schemes. In the pursuit of quick and easy gains, users have temporarily thrown caution to the wind, pulling their money out of blue-chip collections.
Liquidity will inevitably return to the legitimate sector, as security and a proven reputation always win out in the long run. @RobinhoodPunks@GremlinCartel
Update⚠️:
Our collection has temporarily been removed from @opensea
We're already in touch with their support team and are working to resolve the issue as quickly as possible
We'll be back soon. Thank you for your patience💙
@opensea I lost a lot of money because of you! This is the second time I've bought different collections for a good amount of money, and you've deleted them! Give me my money back then! This is a scam from @opensea@RobiinApe