X @IcoBeast.eth🦇🔊

imo the Cerebro mint + aftermath are a perfect case study for why most liquidity left NFTs and moved back to AMMs/liquid tokens(original migration was DeFi summer/AMMs -> NFTs. The pendulum has swung back violently...starting in 2023)as evidenced by price action, a substantial portion of the minters had no intention of actually holding onto the NFT - they wanted a quick flip.Game is game, and that's the behavior of the vast majority of ppl onchain in any current market - NFTs, memes, alts, etc.This is p ...