Floor prices of so-called âBlue Chipsâ have been battered like Anthony Joshua on a night out in Jeddah. And if the valley of the Twapes is to be believed thereâs a formidable sword of Damocles hanging over the NFT space itâs blade polished, sharpened and ready to shred our puny guts with a series of âŚ
Floor prices of so-called âBlue Chipsâ have been battered like Anthony Joshua on a night out in Jeddah. And if the valley of the Twapes is to be believed thereâs a formidable sword of Damocles hanging over the NFT space itâs blade polished, sharpened and ready to shred our puny guts with a series of cascading liquidations and a subsequent death spiral event could see floor prices go to ZERO. Or worse. As Cirrus describes it, this could be âthe single biggest risk to the NFT market that nobody is talking aboutâ
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