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Recently browsing NFT groups, the floor price is fluctuating like an electrocardiogram... To put it simply, when liquidity cools down, everyone focuses on the floor, and royalties become a "can we stop collecting them for now" survival button; but when the narrative heats up, royalties are suddenly seen as "the electricity bill to keep the community alive." It's quite surreal.
What's even funnier is that next door, people are still arguing whether privacy coins/mixing coins count as "original sin," and whenever compliance boundaries are mentioned, the atmosphere cracks; as a result, over here in the NFT space, everyone is actually doing the same thing: finding a crack between rules and emotions where trading and storytelling can happen. Anyway, I now pay more attention to who is consistently speaking human language and who is quietly doing things... the floor price is just one fragment.