One difference with fungibles is that they matured offchain in CEX
NFTs are on chain mostly you interact with the base network token not with fiat.
I think it makes a difference

some thoughts about opensea defaulting nfts to USD prices, from my point of view which is probably different compared to most collectors:
when we started exploring ordinals 3 years ago, one of the things we loved about them is that they’d force people to use BTC to buy them. and x.com/hollanderadam/…

Udi Wertheimer

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Coinbase Institutional says shifting market structure, not hype cycles, will shape crypto trading and adoption in 2026 as activity concentrates in a few key areas.

Coinbase says three areas will dominate the crypto market in 2026

According to ME News, on December 28th (UTC+8), Coinbob's hot address monitoring showed that the "alt short seller" transferred $2 million to Hyperliquid yesterday and then established a short position in ZEC around $446. The current position size is approximately $1.32 million, with an average price of $479, and the address is still adding to its position as of press time. This address had already liquidated its positions in MON, ZEC, and Trump before Christmas this week, and significantly closed out its short positions in ASTER, UNI, PUMP, and other cryptocurrencies...

The "fake short seller" returned to the short after the holiday to add to short positions, profiting from previously closed short positions in UNI, ZEC, etc. at low points.

作者：Hotcoin Research <img src="https://upload.techflowpost.com/upload/images/20251228/2025122820173588636991.png" style="height:718px; width:1280px...