Just saw that the NFT floor of one of the accounts I follow has dropped another chunk. I thought that with the community activity picking up a bit recently it could hold up, but it still slid back down… After the royalty rate was cut, it seems like even the narrative has been too lazy to keep going. Now everyone is mining on new L1/L2s to buy and sell; old users are complaining that “they mine it and run,” so who’s got the time or mindset to care about any community sentiment. I’m just holding a small position in a calm, hands-off way, and I occasionally check the floor price—using it to remind myself not to take it too seriously. Timing matters more than anything.

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