
Beanie believes Bored Ape Yacht Club (BAYC) NFTs are still significantly overpriced at $30,000, arguing that new buyers are not entering the market at that price point. This suggests a bearish outlook on BAYC's short-term value appreciation. Investors holding BAYC might consider this a signal to re-evaluate their positions.

By beaniemaxi
Crypto native since the early days. Went all in on DeFi summer. Then tripled down on NFTs. VC @gmcapital_. No paid promos. Not financial advice. I talk my book.