Lately I’ve been browsing a few more old NFTs’ floor prices, and it’s pretty obvious: once liquidity cools off, whatever “consensus” there was just turns into sell walls on the order book… Royalties too—when things are hot, everyone talks about supporting creators, but when it’s cold they start looping around to save that tiny fee. Put simply, they’re all just looking for a way out that can actually get moving. The community narrative is also pretty ethereal: the moment the group chat goes quiet, the floor price just seems to blankly stare into nothingness. Watching new L1/L2 projects come up with incentives to pull in TVL, and having old users complain about “mine, sell”—I actually get it. Liquidity is basically borrowed; sure, it can be lively when it’s lively, but who wants to truly hold still? Staring at all these pending orders for too long makes my eyes a bit sore, and my neck feels stiff too. Forget it—I’ll go take a couple steps first. Being a half-step slow is just being a half-step slow.

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