The NFT Market Shows Little Improvement: Tokens Have Positive Yet Weak Momentum As We Say Goodbye To 2022

December 27, 2022

  • PUDGY, COOL, and GLYPH have maintained positive momentum, however, they do not meet the criteria for our portfolio.
  • BAYC, MAYC, and WOW have since shown some positive momentum, however, they also do not qualify as an addition to our portfolio.
  • Although there is a small jump in NFT activity, momentum is still weak in most of the tokens. Therefore, we have decided to not add anything to our portfolio. 

Developments in the NFT space see the Solana chain suffering more losses as the top two projects leave their platform. We will keep our eye on what happens next. For our NFT Portfolio, read the original explanation here: Why Our New NFT Whale Watch Portfolio Is Free (For Now).

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