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).

If you found this helpful, Subscribe to The Art of the Bubble’s free newsletter.

Join us on Discord for live chat and daily updates. Find us on Twitter too.

You found this content helpful ?

  1. 1
    Join our free weekly "Bubble Bulletin" for more
  2. 2
    Join us on Discord for live chat and daily updates
  3. 3
    Follow us on Twitter
  4. 4
    Share this content using the buttons below :

Disclaimer

This piece of content is provided for educational and entertainment purposes only. Robin Technologies and Analytics LLC is the firm that distributes 1.2 Labs products. The firm does not provide individually tailored investment advice and does not take a subscriber’s or anyone’s personal circumstances into consideration when discussing investments; nor is Robin Technologies and Analytics LLC registered as an investment adviser or broker-dealer in any jurisdiction.

You should expect no financial returns one way or another based on statements contained herein. These points hold equally for any statements that could be attributed to The Art of The Bubble or any related business entities or personnel operating in association with Robin Technologies and Analytics LLC.

If you decide to buy or invest in anything, then your returns and potential losses are your own. No statements about taxation are taxable advice and you are encouraged to consult your own tax professional. You are also encouraged to do your own due diligence before investing in anything.

RELATED POSTS:

August 3, 2022

July 21, 2023

August 14, 2024

October 3, 2021

July 19, 2023

November 2, 2022

October 16, 2022

August 1, 2024

January 23, 2022

LATEST POSTS:

September 5, 2024

September 4, 2024

September 3, 2024

August 29, 2024

August 28, 2024

August 26, 2024

August 21, 2024

August 20, 2024

August 19, 2024

What do do now?

Join the free 1.2 Labs "Bubble Trading" Bulletin for new trading strategies, macro & sentiment analysis and occasional free airdrops