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Recently, I checked out a few more NFT projects' floor prices, and it feels like a thermometer: when the narrative heats up, everyone gets excited; when it cools down, only a few people in the group insist, "We have culture." The royalty issue is even more awkward. Honestly, everyone wants creators to survive, but when it comes time to act, they quietly look for cheaper options, and liquidity gets drained.
Now, when I look at NFT liquidity, I mainly consider whether "someone is willing to take over" rather than "how grand the vision is." Community narratives need to translate into action, like voting on how to split incentives, who does what, and with what, or else it's just a passing trend. By the way, I want to criticize the modular DA (Data Availability — basically, where the chain places data to be more reliable) narrative. Developers talk about it enthusiastically, but ordinary holders only ask: how does that relate to whether I can get my floor price back... Anyway, I’ll hold off on impulsiveness and watch for a few more days.