TechFlow reports that on November 25, Andrew Kang, partner at Mechanism Capital, posted on social media stating, "If you believe the market will rise significantly from now on and eventually become overheated, then you must also believe the NFT market will make a comeback as a form of digital status signaling. Memecoins have indeed absorbed some of the speculative energy from the NFT market, but those still holding NFTs aren't rushing to sell. There's almost no supply in the market, so just a small wave of enthusiasm could reignite momentum. Azuki is about to launch AnimeCoin, and other top-tier projects may follow suit—these could act as catalysts. This is why I think BLUR is a solid pick with substantial upside potential. With most of its token unlocks already completed and the token yet to experience a major price surge, BLUR currently appears attractively valued as a bet on the NFT sector overall. Since its launch, BLUR has effectively captured nearly the entire NFT market's share."
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / [email protected] ICP License: 琼ICP备2022009338号
