As cryptocurrency markets regain strength, investors are placing bets on the next big NFT project that could bring huge returns.
According to Asia Markets, there is a new contender rapidly gaining attention that plans to flip the NFT hierarchy.
That contender is Bored Milady, a hybrid collection combining aspects of the famous Bored Ape Yacht Club and controversial Milady NFT series.
Proponents are claiming Bored Milady has the potential to eclipse even dominant players like Bored Apes in overall value.
“On Twitter spaces, user @UubzU laid out his ambitious vision for how Bored Miladys could surpass the popular Bored Ape Yacht Club NFTs,” Asia Markets reported.
“The user boldly claimed he owns over 100 Bored Milady NFTs and said he has started a relentless ‘hype machine’ to boost the value.”
@UubzU told his followers he was making a very strong statement and putting all of his money where his mouth is.
This shows the confidence some investors have in the new collection taking over the NFT scene.
However, there are continued warnings that while established projects like Bored Apes and CryptoPunks have shown a level of resilience, the NFT space overall remains highly speculative.
“Hype-fueled projects often fail to deliver lasting value despite bold claims from proponents,” one analyst warned.
“Past NFT manias have crashed hard when the hype faded.”