NFT Prediction for this cycle: A bit more than a year ago, @LucaNetz predicted a 200 ETH Floor price for Pudgy Penguins this cycle. Same for Punks and a few other OG collections. His thesis was that the demand would come from leverage on NFTs enabled by a couple of platforms where you can borrow crypto by depositing your favorite JPEG as collateral … to buy more of your favorite JPEGS (of course… what else?) My prediction is that the next mega demand for NFTs comes from the ETH treasury companies, and that it will send our beloved (blue chip!!) JPEGS into the stratosphere Was Luca right about his price target? Only God knows for now Imho he was damn right that huge demand (based on some sort of leverage) would hit the NFT market And imo this is about to happen through a chunk if the billions of $ that ETH treasury companies are raising to buy ETH - and soon the best levered bet on ETH: blue chip NFTs Following @RaoulGMI advice, I’ve been accumulating a bunch of Punks, Penguins, Dickbutts and other blue chip NFTs over the last year Bags are packed Now it’s patience time See you in a few years 🫡