Hey there, meme coin enthusiasts and blockchain buffs! If you’ve been keeping an eye on the crypto world, you might have noticed some exciting chatter about NFT (non-fungible token) prices starting to climb again. A recent tweet from bunjil on July 24, 2025, caught our attention, and it’s got us thinking: is this a win for NFT believers, or just another rollercoaster ride in the wild world of digital assets? Let’s dive into the details and unpack what this could mean.
The Tweet That Sparked the Conversation
In the tweet, bunjil points out that the resurgence of select NFT prices is a "great" moment for those who’ve held onto their digital collectibles—either out of faith or maybe a little forgetfulness. But here’s the catch: for that value to turn into real money, those NFTs need to change hands. The tweet goes on to suggest that a new owner might not stay happy for long unless the NFT is tied to a "massively profitable business" unrelated to the usual speculation frenzy. It’s a sharp observation that hints at the speculative nature of the NFT market and raises questions about long-term value.
What Are NFTs, Anyway?
For those new to the scene, NFTs are unique digital assets—like digital art, collectibles, or in-game items—stored on a blockchain (think of it like a super-secure digital ledger). They gained massive popularity in 2021, with projects like CryptoKitties clogging up the Ethereum network. Each NFT is one-of-a-kind, which is why they can’t be swapped like regular cryptocurrencies (hence "non-fungible"). But as bunjil’s tweet suggests, their value often hinges on speculation rather than solid fundamentals.
The Upside: A Win for Believers
If you’ve been holding onto an NFT through the market’s ups and downs, a price surge is like a pat on the back. It validates the belief that these digital assets have staying power. Data from a Scientific Reports study analyzing 6.1 million NFT trades shows how the market has evolved since 2017, with peaks driven by hype around collections like CryptoPunks and Axie Infinity. For believers, this resurgence could be a chance to cash out—or at least feel vindicated.
The Downside: Speculation and the Need to Sell
Here’s where bunjil’s warning kicks in. An NFT’s value only becomes real when it’s sold, and that’s where the risk lies. The tweet suggests that new owners might turn "miserable" if the NFT doesn’t come with a profitable business attached—think beyond the hype of digital art or trading cards. For example, brands like Ralph Lauren have experimented with NFTs in the metaverse, tying them to real-world revenue streams (like a 27% sales boost from their Roblox collection). Without that kind of backing, NFTs can lose value fast, especially in a market prone to speculation, as noted in Wikipedia’s NFT overview.
The Bigger Picture: Volatility and Sustainability
The NFT market’s volatility mirrors the wild swings seen in Bitcoin, another blockchain-based asset. While price surges are exciting, they often come with environmental concerns (like the energy used in Ethereum transactions) and risks of money laundering, as highlighted in a 2022 U.S. Treasury study. Bunjil’s point about tying NFTs to profitable businesses could be a step toward sustainability, shifting the focus from pure speculation to real-world utility.
What This Means for You
If you’re a blockchain practitioner or meme token enthusiast, this tweet is a reminder to look beyond the hype. Are you holding an NFT because you believe in its future, or just hoping for a quick flip? Bunjil’s insight suggests that long-term value might depend on finding NFTs linked to tangible business models—think gaming ecosystems or branded digital experiences—rather than riding the speculation wave.
At Meme Insider, we’re all about helping you navigate this crazy crypto landscape. Keep an eye on how NFT trends evolve, and let us know your thoughts in the comments! Are you betting on the next big NFT surge, or steering clear until the market stabilizes? Let’s chat about it!