NFT's on-chain long. A revival to be ridden? I am no NFT experts and quite frankly I have less than 1% exposure to them. However, I bought my profile picture months ago and the last 3 days I have been noticing a lot of offers to buy it. A lot of these offers are clearly bots. This tells me someone is scooping the floor of certain collections on insider information. Zunks is the one I chose to further analyze here. using Nansen, we can see that the bottoms are being sniped, floor is rising and number of transactions is increasing. On twitter a lot of chatter going on over them being the potential next Azuki due to a creator link to them.
Given these unusual movements in Zunks and a number of other high volume collections. I feel like there is a high probability the NFT aggregate will move upwards in the coming days/weeks. Bear in mind the NFT market is the most manipulated. But manipulation is also something we can make profit off.
#ZUNKSFORTHEWIN #1000NFTLONGFTW #LONNNG #
