Pudgy Penguins CEO Luca Netz highlighted the superiority of NFTs in building communities at the Solana Breakpoint conference in Singapore. Unlike meme coins, NFTs are more effective at identifying people who share common values. However, the NFT market continues to suffer from stagnation and low liquidity. Netz noted that the crypto market is cyclical and NFTs will outperform in the future. 📉🔍