Recently, the NFT market has once again迎来热潮, with significant changes in the flow of funds. Traditional well-known projects such as CryptoPunks and BAYC have performed excellently, but the rise of emerging projects has also injected new vitality into the market.

Anime IP-driven $ANIME and new projects like $DOOD, which excel in community strength, are attracting more and more investors' attention. In particular, $DOOD is favored by some analysts due to its relatively low valuation and strong community foundation, with some even predicting that it could achieve tenfold growth.

At the same time, the previously highly regarded Fat Penguin project $PENGU is facing unprecedented challenges. Currently, the valuation of $PENGU has reached 2 billion USD, and related indicators suggest it may be in an overbought state, increasing investment risks.

This series of changes reflects the increasingly fierce competition in the NFT market, and investors need to be more cautious. While paying attention to the popularity of projects, it is also important to analyze the fundamentals of the projects in depth, including their unique value propositions, development potential, and team strength.

As the market continues to mature, the flow of funds will become one of the important indicators for assessing the prospects of NFT projects. Investors should closely monitor market trends, find a balance between hotspots and value, and make informed investment decisions.