I just checked the floor prices of a few NFTs earlier, and the feeling is: liquidity really doesn’t hold back, once the narrative cools down, the floor price is like coffee that no one refills — it slowly cools off. Royalties are also quite awkward; if you charge them, transactions become even thinner; if you don’t, creators and teams have no motivation to keep telling the story. Honestly, nowadays everyone cares more about “whether I can leave anytime” rather than “how good the art looks.”

Recently, I’ve seen new L1/L2 blockchains offering incentives to boost TVL, and old users complain about “mining, selling,” but I can empathize: liquidity comes quickly and leaves even faster, and NFTs follow the same logic. My approach is a bit more conservative — I’d rather wait for a pullback, for people to start repurchasing, and for the community to speak up more before considering. Don’t get carried away in the hype; that’s how I’m doing it for now.