The recent collapse of a celebrity NFT project's floor price has sparked significant discussion within the NFT market. Analyzing trading volume reveals a sharp decline post-collapse, indicating decreased interest and potential panic selling among investors. Community sentiment reflects uncertainty, with many expressing skepticism about the overall market's stability. If trading volumes do not recover, the price of related tokens may continue to face downward pressure. However, if the community rallies around new projects or utility-driven NFTs, it could stabilize sentiment and lead to a price rebound. Monitoring the ongoing discussions and future project launches will be essential for predicting the trajectory of NFT prices in the wake of this incident.