How are you viewing the Bored Ape Yacht Club landscape these days? After the market volatility we've seen, many community members are reassessing their conviction in BAYC as a long-term digital collectible play. The project's evolution and floor price movements have sparked renewed debate about NFT fundamentals and utility beyond initial hype. Where does your thesis stand on this blue-chip NFT collection?
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SmartMoneyWallet
· 7h ago
The distribution of BAYC chips has long been a mess, and the capital flow of whales fleeing is more indicative than the floor price... What narrative are retail investors still looking at?
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Rugpull幸存者
· 7h ago
Honestly, I've been pretty indifferent to BAYC this round, but I still have to give it some respect... The floor price has been dropping all the way down, it feels like watching the once "godly" status gradually become ordinary, a bit nostalgic.
To be honest, those still holding onto BAYC now are either believers or caught in a trap. They are indeed working on utility, but... you know, having community fame alone isn't enough.
I personally hold a holding mentality; anyway, I'm already here, and who knows, it might turn around someday. But for new entrants, I advise you not to blindly FOMO, the NFT space is too deep.
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consensus_failure
· 7h ago
Honestly, BAYC has become a pure speculative tool, and I no longer have that conviction.
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OnChain_Detective
· 7h ago
ngl, pattern analysis suggests bayc whale wallets have been clustering in suspicious ways. flagged like 47 transactions just yesterday showing typical liquidity drain signatures. not financial advice but let me pull the data - floor price correlation with eth dominance screams statistical anomaly. always dyor, folks.
How are you viewing the Bored Ape Yacht Club landscape these days? After the market volatility we've seen, many community members are reassessing their conviction in BAYC as a long-term digital collectible play. The project's evolution and floor price movements have sparked renewed debate about NFT fundamentals and utility beyond initial hype. Where does your thesis stand on this blue-chip NFT collection?