A large bullish candle has been raised, and countless funds are reacting — but in this excitement, are the newcomers supporting the market or simply waiting to harvest?
At three in the morning, a transaction on the blockchain stands out: a mysterious address starting with 0x1bb3 swallowed 45 CryptoPunks in one go, like a giant whale. In just five hours, 76 Punks changed hands, causing their floor price to soar by 15.9%, reaching 47.5 ETH.
This is just a corner of the NFT market's 'resurrection-style' recovery. In the past 24 hours, the total market value of NFTs has increased by 23.2%, surpassing $6.4 billion; trading volume has surged by 318.3%, with $40 million flooding in like a tide.
Moonbirds saw a 33.3% price increase after OpenSea suddenly changed its avatar; the 'leader' Pudgy Penguins in the winter made an appearance on a TV show (Poker Face), and the floor price soared to 16.4 ETH; even Taproot Wizards from the Bitcoin ecosystem spiked by 30.3%.
Is the whale's shopping spree a smokescreen? Three signals reveal the truth.
While retail investors are still struggling with whether to believe in NFTs or blindly follow like they did with 'Qin Shi Huang', institutions have quietly been laying the groundwork for two weeks. BitmapPunks founder FreeLunchCapital revealed: 'Multiple institutions have approached me for over-the-counter trading, with tempting conditions — what they want is not pictures, but the power of discourse!'
The price increase of Ethereum has added fuel to the fire. ETH surged from $2,525 to $3,730, a 50% increase that acted like a rocket booster, lifting on-chain assets higher. When hot money flows in, NFTs became the 'substitute' for ETH — poor liquidity actually facilitates control, and when the big players pull gently, the market jumps up.
But don't rush to heavily invest! The current total trading volume of NFTs is still less than 3% of the peak in 2021. An NFT veteran bluntly stated: 'Is it reliable to say NFTs will skyrocket now? It's better to say I'm Qin Shi Huang!'
Small images 2.0 era: Three new ways to disrupt old patterns.
The NFT market is undergoing a transformation towards 'de-speculation'. A certain European football club has stopped issuing player card NFTs and has begun promoting season passes tied to offline tickets — holders can both collect digital items and grab limited tickets.
Luxury brand Gucci has opened a virtual flagship store in the metaverse, selling a virtual sweatshirt for $1,200. With AR fitting rooms and 3D body scanning technology, the conversion rate surged by 17%. When NFTs transform from 'jpeg images' into keys for real rights, the value logic has completely changed!
Technology is also upgrading in the background: The ERC-6551 standard allows one NFT to 'nest' multiple tokens, solving the problem of displaying collectible combinations; dynamic NFTs can now link to real-world data, such as virtual land prices fluctuating with real estate prices.
Ambushing the next wave: Keep an eye on these three hidden lines.
The metaverse economy is expanding at an annual growth rate of 30%, expected to reach $879 billion by 2025, hiding new growth paths for NFTs.
Compliance breakthrough: Singapore has included NFTs in payment regulation, China is promoting cross-border payments with digital RMB, and the EU has introduced the MiCA bill — only licensed players will laugh last.
Skill-to-Earn revolution: Axie Infinity has abandoned the pure gold farming model and introduced skill ratings; online course platform Coursera has issued NFT certificates — the era of making money with real skills has arrived.
Opportunities in the ruins: Data from the University of Tokyo shows that projects with zero trading volume but active communities have a survival rate 3.2 times higher than those that are purely speculative! Collectors are starting to 'pan for gold in the ruins.'
Is the bull market really coming? First, see this double-edged sword clearly.
On July 30, Ethereum will celebrate its tenth anniversary. An NFT called 'The Torch' is being passed around wallets, eventually to be destroyed and minted into a commemorative NFT — this is just like the current NFT market: after the fire, what remains is true gold.
The whale's shopping list may be canceled tomorrow, but NFTs tied to real rights, economic models that monetize skills, and platforms for compliant trading — these are the sharp blades that can pierce through the winter.
History never repeats itself, but it always carries a similar rhythm.
For those who missed 2021, should they be afraid this time or rush in?
#nft
Final question: Do you want to be a 'chive' that gets cut for a lifetime, or will you focus on Xiao Wan, who could potentially become the next rich fan? — When making a choice, the candlestick is staring at you.
