Why is nobody talking about this?!
Since this small NFT bull market started three months ago, many of the legacy "bluechip" NFTs have been among the worst performing projects in the market.
While many other projects have exploded, most OG projects feel like they are dead: They have either remained static or went down.
In bull markets, the opportunity cost is high and it increasingly feels like most of the former "bluechip" projects have no momentum at all.
There can be many reasons for this.
One is that many teams might have lost all the trust they had in the community.
Another is that market participants might prefer to pursue the new, shiny thing rather than one that is already down -95%.
People who are still predicting a new ATHs for many of these legacy projects should take a close look at these numbers.
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