Recently, I've been looking at the floor prices of a few old NFTs again. Honestly, when liquidity cools down, royalties become an "optional" switch; everyone is looking for a place to enter and exit with one click, and whether the narrative is hot or not becomes a secondary concern. If the community is just left shouting slogans, the floor price will eventually grind down to nothing; but if someone continues to do work and bring the story to life, even if transactions are less frequent, at least it won't disperse too quickly.

This wave of AI agents, automated trading, and on-chain interactions has been talked about again. I'm not afraid of new things; what I fear is a bunch of scripts "helping you make money," but no one pays attention to security details, and in the end, the community pays the price. Anyway, I prefer to slowly see if the narrative can generate cash flow or rights, rather than being driven by short-term trading volume. For now, it's good to be a bit cold; it helps see who is just acting and who is truly supporting.