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TechFlow News — sleepy, founder of the NFT project WeirdoGhostGang, tweeted that he is skeptical about Flooring Protocol, noting that a similar model, NFTX, failed to succeed during the previous bull market.
He believes that during bull markets, people are unwilling to sell their NFTs as they expect prices to keep rising, while in bear markets, although people are eager to sell, there's little willingness from others to provide liquidity.
WeirdoGhostGang NFT project founder sleepy tweeted that he is not optimistic about Flooring Protocol, noting that a similar model, NFTX, failed to succeed during the bull market. He believes that during bull markets, people are unwilling to sell their NFTs as they expect prices to keep rising, while during bear markets, although people are eager to sell, no one is willing to provide liquidity.
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