NFT Market Is Down. No New Buys For Our NFT Whale Watch Portfolio.

November 1, 2022

Hello Bubble Riders! Here is our NFT Whale Watch update:

  • NFT market is trending down, with mostly negative momentum for our watchlist…
  • …but prices are looking better: $WOW is at 2 ETH; you can get a goblin for less than 1 ETH; BAYC dropped a lot to 68 ETH
  • Punks have positive momentum but have low liquidity and are very expensive… too risky for this environment. This would be better for a bull run; plus, you can’t use punks on sudoswap.xyz.

This week in the NFT sector, things are looking down. The team has decided not to add anything to our portfolio.


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