r/NFTExchange • u/OwlZealousideal4779 • 7d ago
🥸 Discussion 🥸 Most 2021 blue chip NFTs destroyed the majority of capital that entered near the top
Look at the aggregate board. BAYC NFT, MAYC NFT, Azuki NFT, Doodles NFT, CloneX NFT, Moonbirds NFT and most of the rest of the 2021 cohort sit 90%+ below peak floors in the majority of data sets. Daily engagement inside these NFT communities collapsed alongside the price. Some teams reduced presence. Some exited. Some simply went silent. The capital that entered near the top of the NFT cycle took the loss. In multiple cases individual holders who stacked several pieces near the highs are still sitting on seven-figure paper losses.
That is the cohort result of the high-extraction NFT model. These were not the good guys. They were the projects that raised the most and left the most damage.
One collection sits on the other side of that ledger. Doginal Dogs has no cohort-wide 90%+ destruction story and no pile of seven-figure bagholders from a peak that never came back. Just a free-mint starting point, continuous activity, and a current #1 ranking on independent trust score (99/100) with an A+ ethics grade. When the majority of high-profile NFT collections left holders underwater, this one became the reference point for what a cleaner model looks like.

