January 17, 2023
- BAYC, PUNK, WOW, COOL, GOBLIN and GLYPH show some positive momentum, just as last week, however they do not meet our criteria for our portfolio.
- PUDGY and MAYC show negative momentum.
- Although there is a small jump in NFT activity, momentum is still weak in most of the tokens.
NFT’s tend to lag the crypto market a little. The crypto rally we are seeing is likely a temporary bounce, but the NFT market isn’t reflecting that. 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.