Ethereum NFT Marketplaces
Jan 22, 2024
• 11
Min Read
Introduction
Ethereum-based NFTs experienced a frenzy in the 2021 bull market, with the floor price of the popular Bored Ape Yacht Club collection (BAYC) reaching an all-time high of $420k per NFT. Skeptics were left baffled at the apparent lack of utility and inherent value in these unique digital tokens, which went for prices that could buy houses despite the ability of others to “right-click save” the same image. It wasn’t just newly monied crypto natives paying outrageous prices fo...Finish reading this report for free
Enter your email and we'll send the paywall-free report directly to your inbox
Articles Read: 1/2
In addition to your unlocked report, you will receive our weekly market newsletter Fundstrat Snapshot, as well as occasional updates and offers from Fundstrat Direct. You can unsubscribe at any time.
Get unlimited access to Tom Lee's Fundstrat research
Subscribe
Already a member?
Log in