Just saw an NFT project’s floor price drop again—royalties were cut from 5% to 0.5%, and nobody’s buying that. In this market, everyone’s watching staking unlocks and the token unlock calendar, so it’s not surprising that selling pressure anxiety spreads to NFTs too. No matter how lively the community narrative is, once liquidity dries up, the floor collapses straight away. I personally don’t really touch NFTs anymore; I occasionally check for abnormal gas, and it feels like the packaging pace is unbelievably slow now. Not sure if the miners are all waiting for unlocks. For now, that’s it.

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