@cryptotalk96 5 June 2022 more from that month

Smaller NFT projects, if they've survived the latest crash, won't survive another crash. NFT markets as a whole doing pretty badly with virtually anything dropping in value, exceptions are few. Even projects with the best prospects are finding it hard to retain people's interest as BTC's drop in value has sapped confidence in markets overall. If this goes on any longer, we can expect bigger stories than Terra and bigger scandals around valuable NFTs going under. My eyes are on CryptoPunks, for example, which thrived on hype and ignorance about NFTs -- and is now past that honeymoon phase. Same with all manner of Apes and land or staking based NFTs. Utility aside, if demand is depleted, the value goes too.