BlockBeats News, November 25th, Mechanism Capital partner Andrew Kang posted on social media, saying, "If you believe the market will experience a significant rally from here and will become overheated, then you must believe that the NFT market will make a comeback as a way for people to digitally flaunt."
Indeed, Memecoin has absorbed some of the speculative energy in the NFT market, but those currently holding NFTs are not eager to sell. There is almost no supply in the market, so it only takes a small wave of hype to reignite the momentum.
Azuki is about to launch AnimeCoin, and other top projects may also take similar actions, all of which could serve as catalysts.
This is also why I believe BLUR is a good choice with significant upside potential. With most unlocks already completed and the token yet to see a major surge, it currently appears attractive as a bet on the overall NFT industry. Since its launch, BLUR has almost captured the entire market share of the NFT market."