NFT Price Floor co-founder predicts quality NFTs comeback despite market retreat

Speaking of meme coins, Lallement emphasized the unique value proposition of digital collectibles, citing their “compelling, richer and more sophisticated” storytelling capabilities. He noted that while meme coins may garner temporary speculative interest, NFTs offer deeper, richer experiences rooted in their uniqueness.

“I would say that the main difference is that NFTs are unique objects and that makes them way more sophisticated, superior in terms storytelling.” Nicolás Lallement

Moreover, Lallement highlighted emerging trends in blockchain development aimed at bridging the gap between NFTs and meme coins, noting the ERC-404 standard popularized by Pandora as an example of this convergence.

The NFT Price Floor co-founder also pointed to the recent launch of NFT Pulse, an analytical platform developed by venture firm Electric Capital, as a “sign of the growing interest regarding NFTs.” As crypto.news reported earlier, the California-based venture capital firm unveiled a new analytical platform designed to address the scarcity of cross-chain data and transparency within the turnover of digital collectibles.