🧵🧶🧵WHY UNDERSTANDING NFT CYCLES ARE CRITICAL & how I think about them based on my experience…
What I will cover:
• what are NFT cycles?
• what are some trends I’ve noticed in NFT cycles?
• how I plan to play it
🔽👇🏽👇🏽👇🏽⏬
@plum_eth Looks like the market currently favors “high status pfps”, similar to buying a Rolex or a Ferrari. Hard to tell which brand will keep its status. Doodles are building a lot of cool stuff so more a long term play. Hard to tell which strategy will have the best payoff.