{"id":7727,"date":"2023-05-29T19:11:56","date_gmt":"2023-05-29T19:11:56","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2023\/05\/29\/why-is-pranksy-selling-off-all-of-his-doodles-nfts\/"},"modified":"2023-05-29T19:11:56","modified_gmt":"2023-05-29T19:11:56","slug":"why-is-pranksy-selling-off-all-of-his-doodles-nfts","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2023\/05\/29\/why-is-pranksy-selling-off-all-of-his-doodles-nfts\/","title":{"rendered":"Why is Pranksy Selling Off All of His Doodles NFTs?"},"content":{"rendered":"<p><\/p>\n<div>\n<p>NFT whale Pranksy dumped nearly $100,000 of Doodles yesterday. The sometimes controversial trader surprised many onlookers with the move given his bullish comments in the past about the project. Why did Pransky sell his Doodles NFTs?<\/p>\n<figure id=\"attachment_105243\" aria-describedby=\"caption-attachment-105243\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/nfteveningcom4a0b7.zapwp.com\/q:intelligent\/r:0\/wp:1\/w:1\/u:https:\/\/nftevening.com\/wp-content\/uploads\/2023\/05\/Rare-Golden-Ape-Doodle-NFT-Sells-For-1.1-Million-USD.jpg\" target=\"_blank\" rel=\"noopener\"><noscript><img loading=\"lazy\" src=\"\" decoding=\"async\" alt=\"Pranksy was a huge Doodles advocate during the NFT bull run\" width=\"1200\" height=\"720\" sizes=\"(max-width: 1200px) 100vw, 1200px\" data-wpc-loaded=\"true\" class=\"wps-ic-cdn wp-image-105243\"\/><\/noscript><\/a><figcaption id=\"caption-attachment-105243\" class=\"wp-caption-text\">Pransky once paid $1.1m for this rare Doodles NFT, now he dumping the floor<br \/>Image Credit: Cryptoknowmics<\/figcaption><\/figure>\n<h2><span id=\"Why_did_Pransky_dump_his_Doodles\"><strong>Why did Pransky dump his Doodles?<\/strong><\/span><\/h2>\n<p>A heavily followed Twitter account, @nftwhalealert, tweeted that <a href=\"https:\/\/nftevening.com\/pranksy-everything-about-cryptos-biggest-celebrity\/\" target=\"_blank\" rel=\"noopener\">Pranksy<\/a> sold 25 Doodles for 52.17 ETH. This news took many people off-guard. It was surprising because Pransky has been a <a href=\"https:\/\/dappradar.com\/blog\/nft-collector-pranksy-doubles-down-on-doodles-nfts\" target=\"_blank\" rel=\"noopener\">staunch advocate<\/a> for the project in the past and the Doodles\u2019 floor is nearing all-time lows.<\/p>\n<p>The Doodles floor is currently slightly above 2 ETH, a drop of over 90% from its peak of approximately 25 ETH in May 2022. Many people commented on the post in shock that the legendary NFT trader decided to take a loss on the project. To his credit, Pransky fired back.<\/p>\n<p>Pranksy replied to a question asking if he was finally done with Doodles, writing, \u201cHe has 25 grails, 2000 genesis boxes, 30 pharrell boxes and 65 <a href=\"https:\/\/nftevening.com\/doodles-dooplicators-go-live-tomorrow-heres-what-to-know\/?swcfpc=1\" target=\"_blank\" rel=\"noopener\">dooplicators<\/a> so no.\u201d When asked why he was selling then, he continued, \u201c\u2026this is selling for some eth, I\u2019m going to take x eth out to just lock away so I stop wasting it. My recent spending of near 800 eth on various nfts looking for a quick win and getting nowhere fast is.\u201d<\/p>\n<figure id=\"attachment_105244\" aria-describedby=\"caption-attachment-105244\" style=\"width: 955px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/nfteveningcom4a0b7.zapwp.com\/q:intelligent\/r:0\/wp:1\/w:1\/u:https:\/\/nftevening.com\/wp-content\/uploads\/2023\/05\/Capture-6.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-105244 perfmatters-lazy\" alt=\"Doodles holders are down bad in the NFT bear market\" width=\"955\" height=\"495\" src=\"https:\/\/nfteveningcom4a0b7.zapwp.com\/q:intelligent\/r:0\/wp:1\/w:1\/u:https:\/\/nftevening.com\/wp-content\/uploads\/2023\/05\/Capture-6.jpg\" srcset=\"https:\/\/nfteveningcom4a0b7.zapwp.com\/q:intelligent\/r:0\/wp:1\/w:955\/u:https:\/\/nftevening.com\/wp-content\/uploads\/2023\/05\/Capture-6.jpg 955w,https:\/\/nfteveningcom4a0b7.zapwp.com\/q:intelligent\/r:0\/wp:1\/w:300\/u:https:\/\/nftevening.com\/wp-content\/uploads\/2023\/05\/Capture-6-300x155.jpg 300w,https:\/\/nfteveningcom4a0b7.zapwp.com\/q:intelligent\/r:0\/wp:1\/w:768\/u:https:\/\/nftevening.com\/wp-content\/uploads\/2023\/05\/Capture-6-768x398.jpg 768w,https:\/\/nfteveningcom4a0b7.zapwp.com\/q:intelligent\/r:0\/wp:1\/w:108\/u:https:\/\/nftevening.com\/wp-content\/uploads\/2023\/05\/Capture-6-108x56.jpg 108w,https:\/\/nfteveningcom4a0b7.zapwp.com\/q:intelligent\/r:0\/wp:1\/w:150\/u:https:\/\/nftevening.com\/wp-content\/uploads\/2023\/05\/Capture-6-150x78.jpg 150w,https:\/\/nfteveningcom4a0b7.zapwp.com\/q:intelligent\/r:0\/wp:1\/w:450\/u:https:\/\/nftevening.com\/wp-content\/uploads\/2023\/05\/Capture-6-450x233.jpg 450w\" data-sizes=\"(max-width: 955px) 100vw, 955px\"\/><noscript><img loading=\"lazy\" src=\"\" decoding=\"async\" alt=\"Doodles holders are down bad in the NFT bear market\" width=\"955\" height=\"495\" sizes=\"(max-width: 955px) 100vw, 955px\" data-wpc-loaded=\"true\" class=\"wps-ic-cdn size-full wp-image-105244\"\/><\/noscript><\/a><figcaption id=\"caption-attachment-105244\" class=\"wp-caption-text\">Once a blue-chip project, Doodles is struggling to hold a 2 eth floor today<\/figcaption><\/figure>\n<h2><span id=\"So_is_Pransky_bearish_on_Doodles\"><strong>So is Pransky bearish on Doodles?<\/strong><\/span><\/h2>\n<p>It doesn\u2019t seem so. The amount of assets he still holds is still worth a significant sum. Like many other NFT investors, Pransky seems to be kicking himself for holding too long into the bear market. It\u2019s not so much that he\u2019s bearish on Doodles, therefore, but more than he\u2019s more confident in Ethereum holding value long term compared to existing 2021-2022 NFT collections.<\/p>\n<p>This mentality isn\u2019t exactly a hot take\u2013 most NFT projects underdelivered and many traders regret not taking more profits during the bull market. Looking forward, it\u2019s important to keep liquidity ready, survive, and be ready to catch the next wave whenever it comes.<\/p>\n<p><iframe data-test-id=\"beehiiv-embed\" width=\"100%\" height=\"320\" frameborder=\"0\" scrolling=\"no\" style=\"border-radius: 4px; border: 2px solid #e5e7eb; margin: 0; background-color: transparent;\" class=\"perfmatters-lazy wpc-iframe-delay\" data-src=\"https:\/\/embeds.beehiiv.com\/37fed65e-f01c-4c4c-b8f1-1b71da0be0a4\" loading=\"lazy\"><\/iframe><noscript><iframe data-src=\"https:\/\/embeds.beehiiv.com\/37fed65e-f01c-4c4c-b8f1-1b71da0be0a4\" data-test-id=\"beehiiv-embed\" width=\"100%\" height=\"320\" frameborder=\"0\" scrolling=\"no\" style=\"border-radius: 4px; border: 2px solid #e5e7eb; margin: 0; background-color: transparent;\" loading=\"lazy\" class=\"wpc-iframe-delay\"><\/iframe><\/noscript><\/p>\n<div class=\"bottom-text__wrapper post-content\">\n<p>\u00a0<\/p>\n<hr\/>\n<p><em>All investment\/financial opinions expressed by NFTevening.com are not recommendations.<\/em><\/p>\n<p><em>This article is educational material.<\/em><\/p>\n<p><em>As always, make your own research prior to making any kind of investment.<\/em><\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/nftevening.com\/why-is-pranksy-selling-off-all-of-his-doodles-nfts\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>NFT whale Pranksy dumped nearly $100,000 of Doodles yesterday. The sometimes controversial trader surprised many onlookers with the move given his bullish comments in the past about the project. Why did Pransky sell his Doodles NFTs? Pransky once paid $1.1m for this rare Doodles NFT, now he dumping the floorImage Credit: Cryptoknowmics Why did Pransky [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7728,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[9],"tags":[21],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/nfteveningcom4a0b7.zapwp.com\/q:intelligent\/r:0\/wp:1\/w:1\/u:https:\/\/nftevening.com\/wp-content\/uploads\/2023\/05\/Rare-Golden-Ape-Doodle-NFT-Sells-For-1.1-Million-USD.jpg","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/7727"}],"collection":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=7727"}],"version-history":[{"count":0,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/7727\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/7728"}],"wp:attachment":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=7727"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=7727"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=7727"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}