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X @wale.moca ๐Ÿณ
The most amusing debate in NFT land right now is whether floor prices should be displayed in ETH or USD.In my opinion, valuations in ETH are a thing of the past.When I trade NFTs these days, I try to maximize my USD, not my ETH. That was different in 2021, but that's how I see it now.Therefore, the default display in USD makes sense imo ...
X @wale.moca ๐Ÿณ
NFT Market Trends - Weak ETH/USD negatively impacts NFT floor prices [1] - CryptoPunks USD value decreased by almost 50% this month, from $230 thousand to $130 thousand [1] - Most major NFT projects are experiencing similar declines [1]