04/26/2024
Is it time to silence the ETH NFTs are dead narrative? This week, leading collections saw notable increases in their floor prices: Bored Apes surged by 40%, Moonbirds by 32%, Azuki by 15%, etc. While there's no single catalyst driving this rebound, the extremely low sentiment recently makes this rally seem long overdue. If the momentum continues, it'll suggest the market has bottomed out, paving the way for the next major run up in ETH NFTs.