Pudgys were the nft trade of last cycle as apes were the nft trade of the bull cycle before. Now they are dumping and that’s the sad reality when you break the communities trust.
Also, side note it likely gets worse. Never use leverage on NFTs unless you’re an absolute pro… we about to see 100+ pudgy loans under water
Curious, what do you think is the ntf trade of this upcoming cycle? My gut says Art & NFTs seen as digital collectables (punks / apes / ??)