I don't know about the rest of the market, but I still mostly mentally denominate NFTs in ETH.
I am aware of the USD price of course, but given I also want to be long ETH, NFTs live mostly in the crypto-denominated part of my brain.
These are the market conditions that discourage money-motivated projects. There is no ETH price at which web3 becomes less interesting. Back to work. 🛠
Eth 📉 we build
Eth 📈 we build
Why? Because we’ve never known anything else 🤷♂️
Building/creating for some is an identity and what makes us happy regardless of up/down side.
kind of funny to see many of the less reputable NFT influencers' tweet volume slowly trend to 0
dont just let them back in when the market picks back up
This is the part of the cycle where everyone starts to feel schadenfreude about watching the assets they missed going back down:
✅Normies on crypto
✅BTCers on ETH
✅ETHers on SOL and AVAX
✅~ everyone on NFTs
It is normal, enjoy being on both sides of this