Anyone else feel like being over-invested in JPEGs = being left out of this crypto pump? I leaned heavily into @delabsxyz + $DUST because data proved it was a stable asset compared to the overall crypto market

Do we see this leg up spilling over into a NFT run? 🥹👉👈

I wasn’t in NFTs during its first big run. Saw different theories:

- The blowoff high-risk cycle. So BTC => ETH =>Alts => Micros = NFTs

- NFTs as independent market that spiked when crypto went crash => crabwalk in Spring/Summer 2021.

Neither seems to be true two years later:

- NFTs and liquidity collapsed in value when the market did.

- Tho @DeGodsNFT remarkably grew despite the bear market/rebounded well after FTX.

- This verified my theory that premium NFTs can only fall so far in USD value before buyers step in. So I bought aggressively 😉

So let’s say BTC has a run up here. Maybe not to an ATH, but back to a place where altcoins move in different cycles/people chase for that big payoff.

Where do NFTs end up? Are people gonna start throwing money into DeGods/BAYC at premium cost? Do smaller projects get a revival?