The ETH trend is favorable, and NFTs may become a better beta asset.

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[Coin World] According to reports, trader Eugene stated that the concept of leveraged ETH Beta always attracts attention when the ETH trend is positive, but most altcoin Beta assets have the flaw of relying on the inflow of ETH funds. In the current market, where choices are too dispersed, NFTs, priced in ETH, can benefit from its rise without the need for the market to sell ETH, and may become a better Beta target. He believes that as ETH approaches historical highs, the market may be more inclined to speculate on NFTs, a situation that occurred in 2021. Currently, the only NFT series worth following are Punks and Pudgys.

ETH-1.91%
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OnchainDetectivevip
· 08-09 18:27
Plain and unadorned brick mover
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AlphaBrainvip
· 08-09 18:26
Charge, charge, charge, go long on NFTs!
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ZenZKPlayervip
· 08-09 18:05
See who still believes in NFT like in 2021.
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