Collecting NFTs is just like collecting anything else. If someone has the means and wants to own something, they go for it. We all know you, me, and other collectors that NFTs have a bright future ahead. They're still relatively new, and the space continues to evolve every day.
It's great to see transactions like this. I'm sure the Azuki team is happy to witness moments like these. Congratulations to the entire team!
@vangoyaa Influencers stopped talking NFTs post-hype.
Next cycle will expose culture vs. engagement seekers.
Replies show dedicated builders still active.
Smart wallets are sweeping CryptoPunks while ETH bleeds. That’s maniac behavior.
But I’d rather follow smart money than whatever the other 99% are doing.
17 sales in the last 24 hours.
That means one of two things. Either weak hands are scared ETH drops lower (which could happen). Or collectors are finally pricing in the trajectory Punks are on.
Here’s the part that doesn’t add up. 50-80k USD is low for art market sales. That’s not even mid-tier gallery pricing.
I think Punks hit 300-400k regardless of what ETH does.
You could buy a de Kooning for 100k in the 70s. Today those same paintings sell for 30-50 million.
Punks have the provenance. Punks have the innovation.
Why wouldn’t they do the same?