Judge Shuts Down Logan Paul's Blame Game in CryptoZoo Lawsuit – What It Means for NFT Sentiment?
🔎 Logan Paul just lost a major legal bid — the judge has rejected his attempt to shift blame onto his co-founders in the CryptoZoo NFT fiasco.
🧑⚖️ U.S. Magistrate Judge Ronald Griffin warned that giving a default judgment against the co-founders (Eduardo Ibanez & Jake Greenbaum) without a full trial could lead to unfair and inconsistent results.
💥 This isn’t just a personal blow to Logan — it’s another crack in the already fragile NFT narrative that’s been struggling since the 2022 bull run.
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🔁 Market Reaction:
📉 With confidence in influencer-backed NFTs dropping, low-volume NFT tokens could feel the heat.
🔭 Watchlist Token: $IMX (ImmutableX)
Current Zone: $1.10 – $1.25
If NFT FUD rises, $IMX could retest support near $1.02, a key psychological zone.
However, a bounce from that level could spark a rally toward the $1.35-$1.40 resistance if broader NFT sentiment stabilizes.
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🧠 Why Traders Should Care:
Legal drama like this shakes retail trust in NFTs.
Expect short-term volatility in NFT-related tokens like IMX, APE, and SAND.
Smart money watches sentiment shocks, not just charts.
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