People seriously don’t realize that the vast majority of these NFTs are artificially overpriced by the owners himself who goes ahead and sells it to, you guess it, himself again.
The reason is simply to raise more hype around the NFT making it more desirable to attain.
It’s such a shame how the NFT market got this bad reputation cause of people like these.
That money would have been much better off invested into DeFi based projects like Curve or even bitDAO considering how much its improving the DeFi and Web3 scene.
I wish people saw NFTs for the useful and utilitarian technology that it actually is instead of million dollars JPEGs.
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