Alright degenerates, gather round. The NFT market just printed another masterclass in value evaporation, and honestly… it’s kind of impressive at this point. So here’s the TL;DR before your dopamine receptors shut down: NFT market cap: down to $2.5B(That’s a –72% speedrun from January’s $9.2B. Any% WR confirmed.) Weekly sales: couldn’t even crack $70M in December Buyers: went from ~204k → 135k in three weeks Sellers: dropped below 100k for the first time since April 2021 Transactions: barely scraping 800k/week Liquidity didn’t just leave — it ghosted, blocked, and unfollowed. 🧊 Floor Prices: “Just a healthy correction bro” Top collections decided gravity still works: Punks, BAYC, Pudgy Penguins: down 12–28% in 30 days Diamond hands now officially classified as long-term bag holders Meanwhile, art NFTs quietly said “skill issue”: Autoglyphs, Fidenza, Chromie Squiggle actually went up Turns out “JPEG but good” still matters 🤯 🏆 New Challenger Enters the Arena Sports Rollbots casually walks into the top 10 with: $5.8k floor $58M market cap …and kicks Mutant Ape Yacht Club out of the rankings like it’s 2021 all over again. 🧠 Big Picture (aka the existential dread part) 2025 has been rough: Q1 NFT volume down 63% YoY March alone: –76% Everyone aped into Pokémon cards and Labubus instead 💀 And now we’re left with the real unanswered questions: Can memecoins exist without pure extraction mechanics? Can celebrity / political tokens not turn into exit liquidity simulators? Will regulators finally wake up and choose violence? 🪦 Final Thoughts NFTs aren’t dead — they’re just in their “lying on the floor staring at the ceiling questioning life choices” era. Art survived. Hype didn’t.Liquidity went to get milk and never came back. Still early though.(For what? No one knows.)

 This wasn’t a bull market.This was a psychological endurance test sponsored by Solana RPCs and poor impulse control. 🏛️ Act I: Politics Speedran the Rug Meta We opened the year with a sitting US president launching a memecoin three days before inauguration. Let that marinate. TRUMP launches → insiders hold 80% → price nukes → somehow still legal.MELANIA follows → instantly $2B → also instantly dead. This wasn’t “crypto adoption.”This was political merch with a liquidity pool. Lesson learned: if you control attention, you don’t need utility — just exit liquidity. 🇦🇷 Act II: LIBRA – When a Country Gets Rugged Argentina’s president casually tweets a contract address.Token does a casual $4.6B market cap speedrun.Then insiders dump 70%. Nationwide scandal. Criminal complaints. “Cryptogate.” Turns out “number go up” hits different when it’s your president saying buy. 🤖 Act III: AI Said “Fart” and We Bought It FARTCOIN proved once and for all that: AI + irony = liquidity Utility is optional Dignity is not required An AI chatbot made fart jokes → token pumps → entire market nods respectfully. Down ~90% now, but spiritually immortal. 🎰 Act IV: The Casino Went Public (PUMP) Pump.fun said:“Why gamble on coins when you can gamble on the casino itself?” They raised nearly a billion, locked out retail, and let everyone else fund exit liquidity in real time. A platform built on chaos went full TradFi and said “accredited only, peasants.” Poetry. 🎤 Act V: Celebrities Continue Speedrunning Reputation Loss Kanye’s YZY: Big promises Zero utility Instant nuking Fans got rugged, insiders got rich, and crypto Twitter pretended to be shocked. Meanwhile Iggy Azalea turned getting rugged into a career move.Rug → rebrand → advisory role → repeat. She didn’t beat the allegations.She monetized them. 🐕 Act VI: Dogecoin Gets an ETF (Yes, Really) DOGE — the original joke — now has regulated ETFs. You can now lose money on Dogecoin inside your retirement account. Satoshi is somewhere asking for a refund. 🔢 Act VII: “4” and the Rise of Chain Tribalism BNB Chain said “we can do memes too” and dropped 4 — a literal inside joke turned $200M market cap. Proof that: Memes are chain-specific now Every ecosystem wants its own casino Fundamentals remain optional 🧠 Final Boss: PIPPIN Late-cycle. Coordinated wallets. Fake organic hype. Looked like a comeback.Was actually a spreadsheet with vibes. The real alpha wasn’t the meme — it was who controlled supply. 🧾 Final Thoughts 2025 proved: Memecoins aren’t going away Politics, celebrities, and AI will absolutely abuse them Regulation is watching, but still confused The best traders aren’t loud — they’re early and organized And most importantly: Memecoins didn’t get worse.We just finally stopped pretending they were better. See you next cycle, degenerates. 🫡💀🚀

 According to CoinGecko, NFT market cap is now $2.5B — down 72% from January’s $9.2B. Yes, seventy-two percent. That’s not a dip, that’s a full-on cliff dive with no parachute and questionable life choices. 📉 The vibes (non-existent) December couldn’t even clear $70M weekly sales. Liquidity said “brb, going to 2021 to feel something again.” Buyers dipped from 204k → 135k in weeks. Sellers fell 35.6%, below 100k for the first time since April 2021 (remember hope?). Transactions?Down to 800k in week three. We used to do that before lunch. 🐒 Blue chips… but make them sad Even the “untouchables” are touching grass now: CryptoPunks: down BAYC: down Pudgy Penguins: also down (but still cute, I guess) We’re talking –12% to –28% in 30 days. Diamond hands are now carbon dust. 🎨 The art kids survived (somehow) While everything else was bleeding out, Autoglyphs, Fidenza, and Chromie Squiggle quietly said:“Skill issue.” Modest gains. Respectable. Very museum-core. 🏈 Plot twist of the season: Sports Rollbots entered the top 10 with a $5.8k floor and $58M valuation, kicking Mutant Apes out of the club. Imagine telling someone in 2022 that Rollbots would flip MAYC.They’d block you and touch grass immediately. 🧠 TL;DR: NFTs still in a bear market cosplay Liquidity packed its bags Blue chips are bruised Art kids are chilling Random collection enters top 10 because crypto We are so back.(We are not back.)

 So uh… Mythical Games just casually shipped a whole new platform called Pulse with basically zero fanfare. No big announcement, no hype video, just vibes and a beta link. Very on-brand crypto behavior. Here’s the rundown for the degens who don’t read past the first paragraph: 🛒 Pulse Market (aka “Volatility? Never heard of her.”) NFTs are priced in USDC.Yes, actual dollars. Stable ones. Calm ones. You can pay with MYTH, ETH, PENGU, etc., but you set the sale price in USDC, so you don’t wake up to a 40% haircut because ETH decided to do ETH things. Currently barebones and only supports Blankos NFTs, but Mythical says NFL Rivals, FIFA Rivals, and Pudgy Party are coming… in 2026™. Seems to be running on Mythos blockchain, just like the old Mythical Market — but don’t blink or they might rename it again. 🏟️ Pulse Arena (Pay-to-play, but make it Penguins) Tournament-based mode where you pay to enter and win crypto. Live in beta with Pudgy Party. Uses PENGU on the Abstract blockchain (yes, another chain, of course). Example: Pay 100 PENGU (~$1) Compete for a 3,360 PENGU prize pool This is basically on-chain arcade gambling, and I mean that affectionately. 🔌 Wallets, but make it 2025 You can connect MetaMask or Abstract wallet Abstract uses social logins via Privy, so yes, you can onboard normies without explaining seed phrases and emotional trauma. You can also fund wallets from external crypto sources, not just debit cards. Wild concept, I know. 🧠 The real alpha Pulse feels way more Ethereum-native than the old Mythical Market, which lived in Polkadot land (thoughts and prayers). Translation: More EVM compatibility Easier wallet connections Less “wait, what chain am I on again?” TL;DR Mythical launched Pulse in stealth mode NFT market with USDC pricing = less pain Paid crypto tournaments with PENGU Ethereum compatibility 📈 Still early, still beta, still crypto Not saying this is the future of Web3 gaming……but it’s definitely more coherent than half the stuff we’ve been pretending to understand since 2021. Links if you want to poke it with a stick: Pulse Market Pulse Arena See you in the tournaments. I’ll be the one losing $1 in PENGU for science. 🐧💸

Alright r/cc, macro just walked into the room wearing a “risk-on” t-shirt and Bitcoin looked up from the couch, nodded, and went back to doomscrolling. Let’s recap the greatest hits: US inflation came in softer than expected The Fed delivered its third straight rate cut The Bank of Japan raised rates for the first time in 30 years and somehow didn’t nuke global markets On paper? Chef’s kiss. The macro tape into year-end looks friendlier than it has in months. In reality? BTC bounced ~4%, kissed $90k, immediately remembered it left the stove on, and went straight back into the same Q4 chop. No god candle. No “up only.” Just vibes and wicks. So what gives? Why aren’t we printing face-melting green when the money printer is allegedly “warming up”? Good news (now with footnotes) Yes, CPI was cool: 2.7% headline, 2.6% core. Lowest core since 2021. Bulls everywhere reached for the champagne. Except… oops. Government shutdown. October CPI never dropped. November data is partly modeled, not observed. Rents and services basically ran on vibes and spreadsheets. Even Fed’s John Williams hit us with the classic: “Encouraging… but noisy.” Translation: Nice try, don’t frontrun QE off Excel inflation. Then he adds there’s “no immediate need” for more cuts. That’s Fed-speak for “calm down, degen.” Markets want a clean January print, not a contaminated teaser trailer. Real yields still choosing violence Reminder: 2020-21 worked because real yields were negative and dollars were being fired from a T-shirt cannon. Fast forward to now: 10Y real yields ~1.9% Fed stopped QT but also very loudly said “this is not QE” Balance sheet still ~$350B smaller YoY So yes, we’re in “less tightening,” not “free money summer.” Discount rates are still high. Long-duration risk assets (hi BTC 👋) don’t love that. BoJ: anchor gone, chain still attached BoJ finally hikes to 0.75%. Highest rate in 30 years. Zero-rate anchor = removed. Did the yen implode? Nope. Because Ueda basically whispered “don’t worry guys, we’ll go slow.” But the threat is still there. If carry trades start unwinding for real, history says risk assets don’t gently glide — they faceplant. Nobody wants to lever BTC into a potential carry squeeze that can casually delete 20–30%. So traders stay light. Smart? Probably. Boring? Extremely. BTC’s own market structure is… tired Macro aside, Bitcoin itself isn’t exactly screaming “send it.” Huge chunk of underwater supply between ~$93k–$120k Every pop triggers loss realization Market depth down ~30% from peak ETF flows choppy, November outflows hurt Liquidity mostly just rotating between the same wallets October’s rip to $126k pre-priced a lot of the “good news.” What’s left is thin books, fading demand, and sellers lurking above spot like unpaid interns. So where does that leave us? Macro isn’t hostile anymore — but it’s also not the 2020-style liquidity bazooka everyone is praying for. CPI good but noisy Fed cutting but saying “don’t get excited” Real yields positive BoJ normalization lurking in the shadows Crypto liquidity thinning, not expanding Bitcoin is acting like a half-mature macro asset: aware of conditions, but not ready to go parabolic off vibes alone. Until we get: a clean inflation downshift or actual balance-sheet expansion or real new liquidity entering crypto …this market is probably stuck doing what it’s doing best right now: Chop. Range. Emotionally exhaust everyone. See you in January. Or at $200k. Or $70k.Whichever comes first. 🚀🪓 

 So remember how NFTs were totally, definitely, for real this time dead? Yeah… about that. According to the latest numbers, NFT sales are up 12% to $67.7M, and Ethereum NFT sales casually spiked 45%. Just a small “zombie apocalypse” moment for an asset class that’s been pronounced deceased every quarter since 2022. A few observations from the trenches: ETH NFTs woke up and chose violence JPEGs apparently still pay rent “No liquidity” season lasts until it doesn’t Everyone who sold the bottom is suddenly a long-term fundamentals guy Naturally, Crypto Twitter will: Ignore this for 2 weeks Call it “wash trading” FOMO back in at +300% Are we back? Probably not.Are we so back? Also probably not.Is this market capable of reviving the most cursed narratives imaginable? Absolutely. Anyway, congrats to everyone still holding NFTs through the bear market. You survived the “who would even buy this” era and are now rewarded with… cautious optimism and mild hopium. See you all when headlines switch from “NFTs are dead” to “Why NFTs Are the Future” again. 🔁🫡

 So apparently the wisdom of the crowds has decided Bitcoin is not touching $100K before year-end. Prediction markets are betting against it. Cool story. Meanwhile, crypto ETFs casually pulled in $700M in inflows, the 2nd biggest week in the last six. TradFi money is tiptoeing in like “I don’t believe in this… but also don’t leave me behind.” 🤡📈 Altcoins? They’re doing that classic move where they stop bleeding just long enough for everyone to whisper “is this it?” Weekly losses trimmed, some green candles sneaking in. And then there’s GameFi, which clearly did not receive the recovery email—except for one absolute main character. 🎮 GameFi: Mostly pain, one giga-chad While the sector naps, Power Protocol (POWER) decided it’s allergic to gravity and sent +110% in a week. Why? Ronin Network collab ✅ Binance Alpha listing ✅ That’s it. That’s the tweet. Sometimes all it takes is the right buzzwords and a Binance logo. The rest of GameFi? Market cap dipped 1% to $9B, and volume got absolutely rugged, down 77% to $1.3B. The trenches are quiet. Too quiet. Fear & Greed crawled from 25 → 29, which in crypto terms is like going from “existential dread” to “mildly less dead inside.” 🕹️ Meanwhile in Web3 gaming land… TRUMP meme coin is launching a GameFi play called Trump Billionaires Club with a $1M prize pool in TRUMP tokens. Walletless onboarding, NFTs, Open Loot-powered. Yes, this is real life. The Blockchain Gaming Alliance says confidence is up to 66%, as studios ditch pure speculation and try this wild new thing called sustainability. Elixir Games is backing Alea, a sweaty, skill-based arena shooter. Less ponzinomics, more “git gud.” Funding undisclosed, vibes competitive. 📊 Weekly scorecard (aka who pumped, who got dunked on) Top Gainers POWER: +109.87% (main character energy) NeuralAI (NUERAL): +21.98% Undeads Games (UDS): +20.63% XYO: +17.92% Fusionist (ACE): +17.19% Top Decliners World of Dypians (WOD): -25.04% (no catalyst, no mercy) Mythos (MYTH): -22.26% Baby Shark Universe (BSU): -20.31% Echelon Prime (PRIME): -18.25% Wilder World (WILD): -17.33% TL;DR Prediction markets say BTC under $100K. ETFs are quietly loading bags. Alts are stabilizing. GameFi is still in timeout. POWER went full send because Ronin + Binance Alpha. Everyone claims we’re “building sustainably” now. Fear is still high, but at least it’s slightly less spicy. Do with this what you will, degens. Or just fire up CMC’s AI tool and pretend you’re doing research. 😏🚀

 So Blankos Block Party holders just got an email basically saying: “Hey fam, what if numbers… didn’t go down?” Enter Pulse Market — Mythical’s brand new NFT marketplace where everything is priced in USDC instead of MYTH, aka the token that has been doing a -91% interpretive dance over the last year. Yes, that MYTH.Yes, we all held it “for utility.”Yes, we are tired. What’s actually happening Mythical currently runs everything on Mythical Market, priced in MYTH, on Mythos Chain (Polkadot). Pulse Market is being pitched as a “new trading experience” (drink) where: Prices are in USDC Blankos holders log in with the same email BUT get a completely separate wallet AND can’t even see their MYTH balance Totally normal behavior. Very Web3. No notes. Chain confusion speedrun USDC is natively supported on Polkadot, so Pulse could still live on Mythos……but the whole “separate wallet, no MYTH access” thing screams new infra. Reminder: Blankos NFTs used to be bridgeable to Ethereum.Which means this could be Mythical quietly whispering: “Hey… you miss the EVM too?” No promises, no roadmap, just vibes and an email. Why Blankos? Because Blankos is: Mythical’s most recognizable IP Not tied to a live game right now Mobile version isn’t coming until 2026 (lmao) Translation:Blankos is the perfect canary in the coal mine for: Stablecoin pricing New UX New backend And seeing if OGs ragequit or say “actually… this is fine” TL;DR MYTH nuked itself Mythical said “what if USDC tho” Pulse Market appears Separate wallet, separate vibes Possible Polkadot → EVM arc? No timeline, no clarity, maximum speculation Honestly?If this means I can buy an NFT without doing mental math like it’s a 2021 DeFi farm, I’m in. Wake me up when: Pulse launches Blankos hit USDC floors And MYTH becomes a governance token for nostalgia

 So yesterday Bitcoin decided to remind everyone that price discovery is optional. 📈 Pumps $3k in an hour, reclaims $90k💥 $120M in shorts get Thanos-snapped📉 Immediately nukes to $86k🔥 $200M in longs follow them into Valhalla🌀 ~$140B market cap swing before your coffee got cold Crypto Twitter:“OMG leverage is out of control again 😡😡😡” Glassnode, quietly pulling receipts:“Actually… no.” The leverage boogeyman (again) Perps open interest? Down from cycle highs.Funding? Chilling around neutral.Front-end implied vol? Compressed after FOMC instead of exploding. Translation: this wasn’t some giga-degen 125x festival. This was thin liquidity + options positioning + everyone standing on the same rake. The liquidation looked insane because the market was basically hollowed out. When a few positions unwound, price moved like it was allergic to stability. The real problem: bags. So many bags. Between $93k and $120k is a graveyard of “local top” buyers staring at red numbers and whispering “I’ll sell on the next pump, I swear.” Short-term holder cost basis: ~$101.5kCoins underwater: 6.7M BTC (cycle high, btw) Every rally =🧑‍🚀 “Finally, exit liquidity”🔻 price smacks into overhead supply🔁 repeat, early-2022 style And the fun part?Recent buyers are slowly becoming long-term holders… while still underwater, which historically is how you get good old-fashioned capitulation vibes. Spot buyers: window shopping, not committing CVD says it all. Coinbase (US): kinda trying Binance + aggregate flows: absolute chop salad Dip buying: tactical, not “I believe in the future” energy Corporate treasuries?One or two chads show up, drop a headline, disappear for weeks. Not structural demand, just vibes. Options: the invisible handcuffs This market is basically options-expiry jail right now. Big expiries: Dec 19 & Dec 26 Dealers: long gamma on both sides Incentive: sell rips, buy dips Congrats, price is now mechanically pinned. Range looks something like:📉 ~$81k (True Market Mean)📈 ~$93k (overhead supply + dealer hedging) Until Dec 26 passes, BTC is less “digital gold” and more range-bound premium farm. TL;DR for the timeline addicted: This wasn’t leverage going feral Futures are de-risked, funding is chill Vol actually compressed Real issue = too much supply overhead + options pinning price into a box Dec 17 was a liquidity tantrum, not a systemic meltdown BTC isn’t broken.It’s just stuck under a mountain of bags while options dealers play ping-pong with your emotions. See you at expiry. 🫡📉📈

 So remember when banks spent a decade telling us Bitcoin was for criminals, libertarians, and people who forgot their password? Yeah… about that. According to River, almost 60% of the top 25 US banks are now somewhere between “thinking about Bitcoin” and “quietly bolting it into their wealth platforms.” Not shouting it from the rooftops, mind you. More like whispering “it’s just an alternative asset” while nervously checking the OCC guidance. 2024 was the year of “ETF fixes everything.”2025 is the year of “okay fine, clients want the actual Bitcoin.”2026 is shaping up to be “sir, Bitcoin is now a standard line item next to bonds and REITs.” Phase 1: ETF cope Banks let asset managers do the dirty work. ETFs meant: No keys No wallets No explaining seed phrases to compliance Flows went up, flows went down, nothing exploded. Risk committees nodded solemnly and said: “Volatile, but… manageable.” Highest praise possible. Phase 2: White-label everything Now comes the real pivot. Banks don’t want to be crypto companies — they want crypto to behave like FX. So instead of building exchanges, they’re doing: “Powered by Coinbase” (but don’t say Coinbase too loud) NYDIG custody Fireblocks keys PNC is already letting private clients trade BTC using Coinbase’s backend. Schwab and Morgan Stanley are aiming for 2026 spot BTC/ETH trading, with: Hard caps Conservative margin Eligibility rules tighter than airport security Translation: “Yes, but only for adults.” Regulation arc (unexpected buff for banks) The irony is delicious. The same regulatory moat crypto tried to escape is now working in banks’ favor. Stablecoin rules? ✔️ OCC trust charters? ✔️ Riskless principal trades so capital charges don’t nuke returns? ✔️ Now Bitcoin can sit politely next to Treasuries instead of screaming from an offshore exchange dashboard. The new risk nobody wants to talk about Banks solved price risk… and imported infrastructure risk. Turns out if: Coinbase NYDIG Fireblocks have a bad day, half of Wall Street’s shiny new Bitcoin offerings sneeze at the same time. So yes, Bitcoin is being “normalized,” but also concentrated behind a few vendors that didn’t exist 10 years ago. What could possibly go wrong. The endgame By 2026: Bank of America advisors can recommend crypto ETFs BTC shows up in the same dashboard as your dividend stocks Grandma owns Bitcoin and doesn’t even know where the keys are And the real question won’t be “Does your bank offer Bitcoin?”It’ll be “Which wrapper are you using — ETF, direct custody, or advisory model?” Banks didn’t choose Bitcoin.Their clients did. Now TradFi is just doing what it always does best: Pretend it invented the thing Wrap it in compliance Take a basis point Bitcoin didn’t get adopted by banks.Banks got adopted by Bitcoin.