The rally in ETH made JPEGs quite expensive lol.CryptoPunks close to a quarter million dollars.Pudgy Penguins at $60k USD, Bored Apes at $50k USD https://t.co/VZlUrOvTi2 ...

Cryptocurrency/NFT Market Analysis - The market sees similarities between new NFT projects and "shitcoins", highlighting potential risks [1] - Free JPEG mints are used as an initial tactic to attract users [1] - Key Opinion Leaders (KOLs) who receive free NFTs promote the project [1] - KOLs profit by exiting on their audience, showcasing their gains [1] - Founders generate revenue through high royalties [1] - The model benefits founders and early participants, potentially at the expense of later investors (exit liquidity) [1]

never needed the ancient bitcoin whales.doubtful there’s anyone new to the ordinals ecosystem so it’s literally the same 5 people who've been around this whole time.and honestly, that’s all it takes for these ridiculously scarce jpegs on sats to move.21,000,000 bitcoin vs50,000 notable ordinals ...

yes, they are indeed still coming for your jpegs. https://t.co/rSeppejIu3 ...

could the jpegs be back ...