‘Silent crash’ when floor prices collapse in the NFT space
If prices plummet in an illiquid market, how soon before anyone notices? While fungible tokens that are traded on centralized and decentralized exchanges have significant transparency regarding price movements, non-fungible tokens can be more difficult to track. Due to its illiquid nature, assessing the general market sentiment of the market for a project can be difficult, a dynamic that has led one member of eGirl Capital, Mewny, to label NFT’s fixes as “silent failures.” Continue reading on Coin Telegraph
Disclaimer: Fusion Media
wishes to remind you that the data contained on this website is not necessarily accurate or in real time. All CFDs (stocks, indices, futures) and Forex prices are not provided by exchanges but by market makers, so the prices may not be accurate and may differ from the actual market price, which means that prices are indicative and not appropriate for commercial purposes. Therefore, Fusion Media
assumes no responsibility for any business
losses you may incur as a result of the use of this data. Fusion Media or anyone involved with Fusion Media will accept no responsibility for loss or damage as a result of reliance on information, including data, quotes, charts, and buy / sell signals contained on this website. Be fully informed about the risks and costs associated with trading
the financial markets, it
is one of the riskiest forms of investment possible.