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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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  • NFT
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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
  • Home
  • Crypto
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  • Web 3
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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

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    Somnia Launches Playground App to Empower Metaverse Creators

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    PENGU token loses 20% in August amid Pudgy Party game launch

    Base claims top 3 spot in 30-day NFT volume: DappRadar

    Base claims top 3 spot in 30-day NFT volume: DappRadar

    floor down up to 18% in the last week (week ended August 26, 2023), volumes still robust

    floor down up to 18% in the last week (week ended August 26, 2023), volumes still robust

    Blue chip NFTs sink double digits as ETH retreats from record highs

    Blue chip NFTs sink double digits as ETH retreats from record highs

    What’s Behind the Double-Digit Declines?

    What’s Behind the Double-Digit Declines?

    Telegram NFT Gifts Hit $57M in Sales as Users Rush In

    Telegram NFT Gifts Hit $57M in Sales as Users Rush In

    NFT sales drop 25% to $134m, CryptoPunks plunge 59%

    NFT sales drop 25% to $134m, CryptoPunks plunge 59%

    Ethereum Rules With $56.57M Sales, Solana and Polygon Compete

    Ethereum Rules With $56.57M Sales, Solana and Polygon Compete

    Defunct NFT lender Parallel Finance charges users $500 to withdraw assets

    Defunct NFT lender Parallel Finance charges users $500 to withdraw assets

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    Climb the SCOR Invitational Leaderboard and Earn Bigger $SCOR Airdrops

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    Pudgy Penguins Game ‘Pudgy Party’ Launches on iOS and Android

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    Stability World AI Adds Games to Transform the Future of Web3 Gaming

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    Play Solana to ship handheld gaming device in October

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    The Rise of Indian Online Casinos: Affiliates, Crypto, and Seamless Gaming?

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

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    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

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    What Is Impermanent Loss? How It Works, and How to Avoid It

    What Is an Algorithmic Stablecoin? How It Works and Why It Matters

    What Is an Algorithmic Stablecoin? How It Works and Why It Matters

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    What Is Volatility in Crypto? Why It Happens and How to Stay Safe

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    6 Under-$1 Utility Tokens with Real-World Use to Watch in the 2025 Bull Run

    6 Under-$1 Utility Tokens with Real-World Use to Watch in the 2025 Bull Run

    What is Crypto FOMO? How to Avoid Emotional Investing Mistakes

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    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

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    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

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Home Web 3

R.I.P. NFTs on Twitter/X (Can We Call This an NFT Market Bottom?)

January 12, 2024
in Web 3
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R.I.P. NFTs on Twitter/X (Can We Call This an NFT Market Bottom?)
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TL;DR

  • X/Twitter is removing support for NFT profile pictures – and we know, we know – who, in the grand scheme of things, really cares?

  • But the signal could end up being significant, in that: market pundits love to point to events as markers of ‘market tops’ and ‘market bottoms.’

  • The removal of NFT profile pictures from X/Twitter will mark the bottom of the bear market, and the start of a new bull run for NFTs.

Full Story

This isn’t important in itself…

But the signal it’s putting out might end up being significant.

X/Twitter is removing support for NFT profile pictures – and we know, we know – who, in the grand scheme of things, really cares?

(Very few people, we’d guess).

But the signal could end up being significant, in that: market pundits love to point to events as markers of ‘market tops’ and ‘market bottoms.’

E.g. Everyone pointed to the collapse of FTX as the start of the last bear market.

The same way they looked at the conviction of Sam Bankman-Fried and guilty plea from CZ (former CEO of Binance) as the start of the current bull run.

So far, Facebook, Instagram, X/Twitter, and Reddit have supported NFTs in some way, shape, or form in the past…

Reddit is now the last one standing.

Here’s our hope at what will end up happening from here:

The removal of NFT profile pictures from X/Twitter will mark the bottom of the bear market, and the start of a new bull run for NFTs.

See also  It’s 110f Outside, but the Fed Won’t Turn on the AC...

🤞 Fingers crossed 🤞

Tags: BottomCallmarketNFTNFTsR.I.PTwitterX

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