The high floor price of HypurrNFTs at $60,000 does not signal a broad NFT market recovery. Instead, it indicates the strong brand value of Hyperliquid within the crypto space, similar to established projects like CryptoPunks and Pudgy Penguins. Investors should consider the underlying brand strength of a project rather than just the speculative price movements of its associated NFTs.

By defi_monk
Sunny | Research @Messaricrypto | Prev Hedge Fund Monkey | NFA | Check Highlights for Threads | https://t.co/Qu6XiH0KHK