Use market trends
Keep an eye on the various levels of market trends, which all have varying effects on the value of your NFT.
- The market for all NFTs. The more people interested in NFTs, the more money will flow into projects.
- The market for an NFT project. Watching this trend is vital as individual projects quickly gain or lose popularity. Watch its trading volume and ranking relative to other NFT projects over time.
- The market for a specific NFT. Individual NFTs can fluctuate in price because the NFT is related to some person or organisation becoming more or less popular.
10
97 reads
CURATED FROM
IDEAS CURATED BY
The idea is part of this collection:
Learn more about crypto with this collection
The differences between Web 2.0 and Web 3.0
The future of the internet
Understanding the potential of Web 3.0
Related collections
Similar ideas to Use market trends
Use IA in the early game
Innovation Accounting is a way of evaluating progress when all the metrics typically used in an established company (revenue, customers, ROI, market share) are effectively zero.
Innovation Accounting is not only a way for individual teams to report their progress and communicate in financi...
Types of people
Category 1: Losers
People who always see negative in everything and put in the least amount of effort or no effort at all. They are least bothered about what is happening around them. They will only crib and complain about how the world is. They will say someth...
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates