David Blumenfeld
@serdave-eth
been seeing more takes that a big reason for ETH's poor performance this cycle is because of the decline of NFTs. While NFTs did play a part in ETH's last bull run, it was really only the last 2x (ETH was at $2500 around the time NFT summer started). It was DeFi that really put ETH on the map, and made it the best place to launch said NFTs because of the available liquidity.
2 replies
0 recast
2 reactions
ted (not lasso)
@ted
would love to know @emodi and @kayvon's take on this
2 replies
0 recast
3 reactions
highplains.base.eth 🎩✨🔴
@highplains66
Yeah DeFi is very battle tested now. It's ready to take on more volume.
1 reply
0 recast
1 reaction
