Four digit ENS domains took twitter by storm yesterday, catching fire and selling out in the span of ~6 hours. They now trade at a floor of around 0.25 $eth. Sounds crazy, right? This is a thread on why this all makes more sense than you think, and what the future may hold. 1/🧵
🧵🧶🧵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
🔽👇🏽👇🏽👇🏽⏬
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