Andrew Kang: The NFT market will make a comeback

Andrew Kang, partner at Mechanism Capital, posted on social media, “If you believe that the market will rise sharply from now on and will be overheated, then you must believe that the NFT market will make a comeback and become a way for people to show off digitally. Memecoin did absorb some of the speculative energy in the NFT market, but people who still hold NFTs are not in a hurry to sell. There is almost no supply on the market, so it only takes a small wave of enthusiasm to re-drive momentum. Azuki is about to launch AnimeCoin, and other top projects may take similar actions, which may become catalysts. This is why I think BLUR is a good choice with a lot of room for growth in the future. With most of the unlocking completed and the tokens not yet experiencing a big increase, it seems that the value of this coin is attractive as a bet on the NFT industry as a whole. Since its launch, BLUR has almost swallowed up the market share of the entire NFT market.”