{"id":129797,"date":"2025-05-22T14:17:14","date_gmt":"2025-05-22T14:17:14","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=129797"},"modified":"2025-05-22T14:17:14","modified_gmt":"2025-05-22T14:17:14","slug":"exponential-currency-debasement-you-dont-own-enough-crypto-nfts","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=129797","title":{"rendered":"Exponential currency debasement: \u2018You don\u2019t own enough crypto, NFTs\u2019"},"content":{"rendered":"

Source: Cointelegraph.com NewsCryptocurrencies and non-fungible tokens (NFTs) can help investors protect their eroding purchasing power during an era of exponential currency debasement, according to analysts and industry leaders.
\nInvesting in digital assets is becoming increasingly important in the \u201cworld of the exponential age and currency debasement,\u201d according to Raoul Pal, founder and CEO of Global Macro Investor.
\n\u201cYou don\u2019t own enough crypto. When you do, you don\u2019t own enough NFT\u2019s, as art is upstream of wealth. Both will never be this cheap again,\u201d Pal said.
\nNFTs are \u201cthe single best long term store of wealth I know and you get to buy it before network effects kick in,\u201d he added in another response.
\nSource: Raoul Pal\u201cThere is some validity to the statement that NFTs, and in extension art, become a vehicle for the wealthy once a certain level of wealth is reached,\u201d wrote Nicolai Sondergaard, research analyst at Nansen, calling it a \u201cnatural move\u201d for asset diversification.
\n\u201cFor traders and investors, further down the wealth curve, NFTs are partially about speculating on future returns,\u201d he told Cointelegraph, adding that NFTs also benefit from the allure of strong communities, beyond just wealth creation.
\nRelated: German gov\u2019t missed out on $2.3B profit after selling Bitcoin at $57K
\nArt NFTs may see a resurgence as \u201cdigital ownership gains acceptance among younger, tech-savvy cohorts,\u201d if collections manage to move past the \u201cspeculative fervor,\u201d according to Anndy Lian, author and intergovernmental blockchain expert.
\nStill, Lian said broader adoption depends on blockchain networks improving scalability and security to \u201cinstill confidence.\u201d He added that art NFTs \u201cmust transcend hype, anchoring value in cultural significance or utility.\u201d
\nBeeple\u2019s \u201cEverydays: The First 5000 Days.\u201d Source: ChristiesSome digital artists made millions of dollars through NFTs. Digital artist Mike Winkelmann, also known as Beeple, auctioned his \u201cEverydays: The First 5000 Days,\u201d NFT artwork for a record-breaking $69 million in March 2021.
\nMeanwhile, the largest NFT collections continue to lack upside momentum, unable to recover toward their 2021 highs.
\nCryptoPunks floor price, all-time chart. Source: NFTpricefloorCryptoPunks, the largest NFT collection by market capitalization, is currently trading at a floor price of 46 Ether (ETH), 59% down from its peak of 113.9 ETH, recorded on Oct. 9, 2021, NFTpricefloor data shows.
\nRelated: GENIUS Act \u2018legitimizes\u2019 stablecoins for global institutional adoption
\nNFT market set for recovery in early 2026, after Bitcoin cycle top
\nDespite the temporary lack of interest, NFTs could be poised to see more momentum after the profits from Bitcoin\u2019s (BTC) cycle top start rotating into other digital assets.
\n\u201cThat likely puts the peak of the NFT market in Q1 2026, but don\u2019t expect a repeat of the 21\/22 euphoria that we saw in NFTs,\u201d according to Yehudah Petscher, strategist at CryptoSlam NFT data platform and SlamAI.
\n\u201cWe\u2019re likely an entire cycle away from NFTs having a parabolic run,\u201d Petscher told Cointelegraph, adding:
\n\u201cThere is a perfect storm brewing for 2030: BTC at $1 million, a matured metaverse, AI reshaping labor economics (whether through universal basic income or universal high income, falling production costs, etc), AR\/VR adoption, and NFT ownership equaling ownership of a brand.\u201d
\nHowever, the previous NFT bull market was driven largely by metaverse speculation and wealthy traders, Petscher noted \u2014 factors that are mostly absent in the current cycle.
\nThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
\nMagazine: Crypto wanted to overthrow banks, now it\u2019s becoming them in stablecoin fightRead More<\/a><\/p>","protected":false},"excerpt":{"rendered":"

Source: Cointelegraph.com NewsCryptocurrencies and non-fungible tokens (NFTs) can help investors protect their eroding purchasing power during an era of exponential currency debasement, according to analysts and industry leaders. Investing in… <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/129797"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=129797"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/129797\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=129797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=129797"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=129797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}