A Spike In 7D Prices Is Not Enough To Buy NFT’s; We Are Back To “Wait And See” Mode

May 16, 2023

  • Last week almost all NFT collections were down for the 7D and 30D floor price (prices in ETH). 
  • This week we see a slight change in performance as a larger number of NFT’s have increased in their 7D performance.
  • This portfolio is outperforming BTC by 38.85% and ETH by 48.30%

Although there is a spike in 7D prices, it may also be temporary as it has been for the past couple of weeks. As a result, we have decided to not buy into any NFT for now. 

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