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ETH NFTs will not experience the 2021 bull run this cycle (maybe ever). When the crazy and hysteria of NFTs went down there was only a handful of NFT projects to choose from and mainly on ETH. Now there’s Ordinals, SOL NFTs, 404s SEI NFTs and memecoins on each of this chains…
NFTs will run again when token upside becomes capped. https://t.co/t5C90auSrj
runes on bitcoin will have a strong launch but unlike ordinals which imo will no doubt outlive ethereum nfts, i don’t think runes stand any chance against solana memecoins
Magic Eden, a cross-chain NFT marketplace, will integrate Bitcoin's Runes token standard following the success of its bet on Ordinals, propelling it to the top of the NFT market. Runestone, associated with Bitcoin and Ordinals, aims to facilitate mass adoption of these technologies. The engagement and market dominance of Runestone reflect its growing influence in the crypto space, positioning it as a key player in the NFT ecosystem.