Love my Toadz

Not a prediction but my instinct is that we’re nearing a local bottom in high-quality digital art. Here’s what I’m seeing: 1. 2021–22 holders are selling to reallocate or meet IRL needs 2. Year-end tax-loss harvesting is driving prices lower 3. ETH volatility → lower prices → more loan defaults 4. Macro sentiment across crypto is at recent lows Taken together: meaningful new supply, limited new capital into the ecosystem. These forces will play out, reset the market, and structure the ecosystem for healthier long-term growth. Expand your time horizon. 🫡

Grateful to help these two Punks find new homes today.