550,000 USD NFT turns into two bags of chips?!

🍌 BAYC current situation

Three years ago: exchanged for a house💰

Three years later: exchanged for snacks😭

Current floor price: ≈0.5ETH ($321)

📉 Five sins of market collapse

1️⃣ Bubble frenzy (2021)

- Bitcoin surged to $69,000🔥

- Celebrities followed the trend to flaunt monkeys (Mr. M, Mr. Dog, etc.)

- Twitter avatars = status symbol

2️⃣ Bear market massacre (2022)

- Bitcoin plummeted by 75%❄️

- NFT trading volume ankle-cut

3️⃣ Broken promises

Promised yacht parties → only left with Discord chat groups

Metaverse land → 404 wasteland

4️⃣ Monkey flood

- 10,000 genuine apes

- 100,000+ counterfeit monkeys

"There are monkeys everywhere, better to raise dogs"🐶

5️⃣ Running away feast

Early players cashing out

Newbies lining up on the rooftop

💥 Blood and tears lesson

> Spend 550,000 on a JPG?

> Better stock up on chips —

> At least you can eat them,

> No need to engrave them on a blockchain tombstone!