For those that are watching Punk sales and being like 'Why aren't people collecting other things???'.. be patient, think long term. Realize that 20M in Punks sales in the last few days means 20M of liquidity that just landed in prior Punk collectors wallets who recognize how undervalued many other things are. Tick tock, liquidity recycles much better in NFTs than in memecoins. Those sales are not extracted from the ecosystem, the VAST majority of the time they get reinvested into art that feels undervalued.
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