I’ve been checking out the floor prices of a few old NFTs these days, and it really feels like liquidity is all about "mood"… When it’s hot, a bunch of people place bids to buy; when it’s cold, even if you want to cancel your order, you’re too lazy to click. Royalties are also quite awkward—charging high makes the secondary market thinner, charging low makes it hard to sustain the team. Honestly, in the end, it still depends on community storytelling to survive: if there’s a story, someone will buy in; if not, it’s just profile pictures sitting there staring into space. The airdrop season is about the same; task platforms are cracking down more and more on anti-witchcraft measures, points systems are turning the grifters into clock-in workers, and I find it exhausting to watch… I still stick to my old way—if the depth drops, I withdraw. I’d rather miss out than force it.