I've seen a few posts on the timeline about this pump in NFT floor prices being propped up by leverage and the potential dangers that come with it.So let's take a look at the big projects:Yes, we are seeing quite some leverage being used in Pudgy Penguins, Bored Apes, Azukis etc on Blur.TLDR: For example, people buy a Pudgy Penguin with 2 ETH instead of 16 ETH, take out 14 ETH in a loan.If the floor price goes up, you can sell the NFT for profit and pay back the 2 ETH loan + interest.If the floor price goes ...

If your reaction to the pump in CryptoPunks, Pudgy Penguins, Bored Apes, Azukis etc is:"Ok let me look for a dead NFT project from 2021 that hasn't pumped yet"Then you deserve everything that happens to you next ...

This was an experiment btwOpinions are valuable (sometimes) - and I do think opinion markets are an interesting idea now that we’re building out data analytics platforms that can support them.Ppl love being early (and/or right) about controversial or new opinions. Things like Tweem have already shown that here.Curious to see market appetite for @opinionsdotfunIcoBeast.eth🦇🔊 (@beast_ico):Moonbirds are more likely to hit ATHs again than apes or azukisNone are likely, but Moonbirds actually have a chance ...

Moonbirds are flying off the shelves right nowUp another 30% to 1.84 ETH and about to flip Azukis https://t.co/LoSvNLeykF ...

Moonbirds are more likely to hit ATHs again than apes or azukisNone are likely, but Moonbirds actually have a chance ...

I think people underestimate the cultural dynamics (and differences) between relevant NFT collections and their coins.People enjoy IP -> one day sign up to CEX to try this crypto thing -> look for coins to buy -> see IP they know -> buy IP coin over less relevant, older coins.Unit cost is super low (you can get exposure to coins such as $PENGU, $ANIME, $APE etc with as little as $5 USD) and you can buy on mainstream apps, making it easily accessible.I think in the case of NFTs you are targeting more of the ...

Damn one cleanest Spirit Azukis just sold for 70 ETH ($169,000 USD - nice) https://t.co/vztetKA7VY ...