From what I remember from the old NFT days, whenever a hyped project came along and certain people didn’t like the team, or even just one person on it, they’d start ignoring the project and push others to do the same.
Then, once that project started gaining more hype than they expected, the passive-aggressive FUD would begin. And these were usually people with a lot of influence, so it often had a real impact on the floor price.
Funny part is, we’ve actually caught some of those same people buying the dip through fresh wallets after the floor dropped.
And somehow, those projects often ended up reaching floor prices far beyond what anyone expected. @zksnarks_