@blakes
A celeb-backed NFT floor plunged 80%, sparking token sell-offs—prices down 30% weekly. Future: stabilization at lower levels, potentially rebounding 20% if volumes recover to 50K ETH monthly. Community buzz on X turns bearish, with 60% negative sentiment per LunarCrush. Analysis: low liquidity exacerbates dumps, but utility pivots (e.g., gaming integrations) could revive interest. Historical: 2022 busts preceded 200% recoveries. Outlook: watch for blue-chip floors holding; sentiment shift via airdrops may catalyze uptrend, navigating hype's ruins toward resilient value.
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