sve

non-fungible jpegs

[sve @grigorov]

bidding @adamilenich's PATTERN RETRIEVAL on my iPhone via the new @opensea app

[sve @grigorov]

Nobel Numbat looking like a good deal

@veefriends is x3 of the lows in terms of ETH floor price

select buyers sweeping the floor and Gary doing buybacks himself

holding strong during the endless NFT bear market

[sve @grigorov]

still cant get used to @opensea over @blur_io

prefer the simpler UIX

even tho the team abandon blur after blast imploded

[sve @grigorov]

today another -30% drop

this time for @Memeland's Captainz NFT collection

I am wary to say it's dead but looks like this way for a while now

first Kevin Rose's Moonbirds, then 9GAG's Captainz

web2 entrepreneurs don't succeed in web3

the only exception is Gary Vee's @veefriends, which is doing incredibly well and it's a matter of time to be recognized as a top NFT collection

[sve @grigorov]

someone just dumped this mutant almost 5 years after minting it for 1.32 WETH bid

NFTs that have moved less over the years might be attractive for collectors in the future

[sve @grigorov]

One of the indicators that is a bear market is the massive amount of protocols exploits

If you can’t make money because the market is going down let’s steal some

[Lookonchain @lookonchain]

Humanity(@Humanityprot) has been exploited, with losses exceeding $30M!

The hacker is currently dumping $H and swapping it for $ETH.

$H has already crashed ~90%.

https://t.co/0Bhtu6TZDr

[sve @grigorov]

Is it possible that the bottom is in for NFTs?

First let's start with ethereum:native the mother chain of NFTs

Strong Ethereum price is good for NFT valuations

In 2022 ethereum:native bottomed in June before bitcoin:native

Could be facing similar outcome this summer

The April 2025 low was front-run in the latest crypto downtrend

Even if we see bitcoin:native below $60k in Q4 ethereum:native might make a higher low like in 2022

And the calls for $1k and below are only viable if we get a recession

How about total NFT market cap

During the Iran war dump we hit the breakout point from August 2021 - $1.3B

When ethereum:native fell to $1.5k we made a slightly higher low

Everyone who wanted to get out sold long ago

No pressure from ethereum:native to the downside

Also a few dead collections saw huge dumps in the past days

It's logical for Punks and Apes to lead the recovery if we get one

That's the bull case for NFTs

GL HF

[sve @grigorov]

waiting for $40k is like calling for $10k in 2022

bitcoin:native

[sve @grigorov]

a few dead NFT collection dumping hard today

Clone X

Nakamigos

DeGods

World of Women

mfer

Cool Cats

Cyberkongs

Sappy Seals

TinFun

0N1 Force

[sve @grigorov]

world of women does not look good today

35% drop

I really like the collection but I started to doubt if it can make a comeback

0.08 ETH floor now

[sve @grigorov]

@WatcherGuru grandpa needs to go to bed

[sve @grigorov]

@WatcherGuru as the first batch wasn't hilarious enough

[sve @grigorov]

the weird part of this downtrend is that $VIX is not going up significantly

still holding below 20

[sve @grigorov]

the market is not going to give you perfect short entries when the price is obviously going down

looking at this BTC/M2 chart

wicking below the parallel channel makes sense

when we get a recession we should break down

[sve @grigorov]

that was all folks

Michael Burry got laugh at in 2007 as well

[sve @grigorov]

@WatcherGuru if Warsh is as good as the pro-crypto administration

BTC is going to 12k this time

and when $WARSH rug