We Add MAYC To Our Portfolio As The NFT Market’s Momentum Increases Slightly
April 4, 2023
- We are buying one Mutant Ape at a floor price of 13.31ETH.
- Market sentiment is up as the total crypto market is rising to $1.1T, therefore no hedge.
- Momentum is down for most as 30D prices are down, but this is in part because ETH is rising in price.
Despite the fact that crypto momentum is up, ETH momentum has not translated to the NFT market yet. We will stick with this for a week and see what happens next. We will stick with this for a week and see what happens next.
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