The founder of online learning platform ZenAcademy publicly plans to sell off his NFT assets.
This may bring another heavy blow to the NFT market. NFT, an Internet celebrity product that was once popular around the world, was once a favorite product of major Internet celebrities, celebrities and even big names in the currency circle. The situation it faces now is still quite severe.
Last time I saw a report about how many times the NFT market needs to rise before it can return to its normal state. Now that the founder of ZA has publicly reduced his holdings of NFT assets, will it bring another emotional blow to the NFT market? , will it cause panic selling? Moreover, the liquidity of many NFTs in the market is very low. If there is another major selling sentiment, how should the NFT market face it?
APE, the leader in NFT, will face the unlocking of $22.6 million in tokens on the 17th of this month, which will bring certain selling pressure to the APE market. Combined with the ZA founder’s public selling of NFT, how much impact will it have on the NFT market?
Please be careful to avoid risks.
