I think pretty much everyone still holding crypto is going to end up a bag holder. The bottom dropped out of NFTs as people finally wised up to the fact that you can't resell them and the only people making money on them are the minters running the scams, and now those people need to sell their Ethereum and whatever else to cash out before the same thing happens to the coins.
The NFT hype was fake from the beginning. An extremely small group of whales along with a handful of scam groups that bought and sold repeatedly among themselves in order to inflate the price and make it seem like legitimate transactions.
There was no real mainstream interest in NFTs ever.
I think pretty much everyone still holding crypto is going to end up a bag holder. The bottom dropped out of NFTs as people finally wised up to the fact that you can't resell them and the only people making money on them are the minters running the scams, and now those people need to sell their Ethereum and whatever else to cash out before the same thing happens to the coins.
The NFT hype was fake from the beginning. An extremely small group of whales along with a handful of scam groups that bought and sold repeatedly among themselves in order to inflate the price and make it seem like legitimate transactions.
There was no real mainstream interest in NFTs ever.
Remember who sided with the NFT hype. Each and every one of them were in on it.
whole lotta people finding out what a "wash sale" is way too late