When will this drawdown in NFTs end?

Published on: August 17th, 2022

Mr. Fox is back with his incisive analysis for another week in the world of NFTs. So what’s going on? With blue chips treading water comfortably while the macro signals are still opaque, prices for mid-caps such as Azukis, Doodles, Moonbirds, and others have taken a beating, mostly because of lack of utility. Mr. Fox asks the question: “Is this the beginning of the end — the final washout for all NFTs that have failed to build true value and utility?” Only time will tell but read on as he tries to make sense of it all.


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