Yano
@yanowitz
Study NodeMonkes. BTC up 20% → NodeMonkes floor up 70% Net that means NodeMonkes are up 100% Similar dynamic will happen for gud NFTs on other gud L1s.
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Joao Baptista
@joaobaptista
I see NodeMonkes as the trade of this bull market Why? Because it will be most highest floor price NFT. Looking at the buyers, we have 2 buyers for NFTs: 1. Collectors, the ones who build digital personalities and/or shill digital wealth; 2. The beta huntors For these 2 type of buyers. NodeMonkes are the best asset.
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Joao Baptista
@joaobaptista
Collectors, Why should you build your digital identity in any other layer than in the oldest, more robust one. If you want to build an identity or even collect some digital valuable items. Why should you do that on ethereum rather than bitcoin? The unchangeable layer. The simple and mainstream one.
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Joao Baptista
@joaobaptista
Huntors, Looking market size and relative analysis. Ethereum , $400 billion asset class have multiple NFT collections > $50k floor price. The most expensive one ≈ $200k floor price, ≈ $2 billion mcap collection. In ath, floor price was > $500k and mcap > $5 billion. Bitcoin is a trillion dollar asset class.
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