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These days, I’ve been watching the NFT floor prices and it’s kind of annoying… When things are hot, everyone shouts about the narrative and talks about the community; when it cools down, all that’s left is who’s going to run first. If I see someone put up a thick wall of limit orders, I actually become even more on guard—because they withdraw faster than they place orders. To put it plainly, a lot of it is “liquidity” put on display for others to see. Royalties are also pretty awkward: set them high and buyers won’t move, set them low and creators can’t hold on—so in the end, everyone just waits for someone else to make the first move.
On the side, I also saw someone complaining again about validators “eating meat,” MEV snatching the queue, and unfair ordering—this is even more obvious with NFTs. Once the execution order gets messed up, small trades feel like they’re being pushed along… Honestly, I’d rather do fewer trades. If I notice the cancellation pace is wrong, I’ll dodge first. Anyway, I’m not trying to gamble my way.