Pal wrote:
“You don’t own enough cryptoWhen you do, you don’t own enough NFTs, as art is upstream of wealth. Both will never be this cheap again.”
The statement was met with a mix of support, skepticism, and outright ridicule, highlighting a sharp divide in sentiment as the NFT market continues to recalibrate after its speculative peak.
Supporters of Pal argued that he has often been ahead of the curve, pointing to past calls on macro trends like institutional Bitcoin adoption and the rise of Web3. To them, NFTs, particularly those tied to cultural provenance, represent digital property in its earliest, most undervalued form.
However, most of the community was quick to oppose the notion, highlighting the fact that the NFT sector remains significantly below the peaks seen in 2021. Some were more critical and argued that NFTs were “overhyped” and are “drowning in a liquidity desert.”
“I kid you not.”
Gary Cardone echoed the sentiment, while other critics questioned the timing and substance of the call.
