The Bad Crypto Podcast EP 786 - Are NFTs Making a Comeback? BAD NEWS for August 14, 2025
Aug 14, 2025
The journey of NFTs is a wild ride, from CryptoKitties to skyrocketing, then crashing values. Now in 2025, a resurgence is taking hold, with the hosts sharing personal anecdotes and insights on new trends. They explore humorous celebrity NFT fails and the comeback of brands like Pudgy Penguins. Highlights include thrilling unboxing moments, the comparison of NFTs to tangible collectibles, and predictions for community-driven projects. With a nostalgic nod to past treasures, they navigate the exciting and ever-evolving NFT landscape.
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Beeple's Rollercoaster Sale And Hold Strategy
- Beeple's Everydays sold for $69M in 2021 but later received offers as low as $16K by 2025.
- Vignesh Sundarisen held onto the piece and had largely converted sale proceeds to stablecoins after the initial sale.
CryptoPunk Purchase Turned Loss
- One collector bought a CryptoPunk for 4,500 ETH (~$15.7M) in 2022 and later sold at a loss in 2023.
- Holding ETH instead could have recovered value as ETH later rose, illustrating timing risks.
ETH Price Drives NFT Market Cap Recovery
- NFT market cap estimates vary but are back in the single-digit billions range in 2025.
- Ethereum's price movement drives much of that NFT market valuation recovery.