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A change of Ethereum profile picture highlights the influence of influencers in the NFT market
The Milady NFT market experienced a significant appreciation after Ethereum co-founder Vitalik Buterin adopted an image from the collection as his profile picture. The event resulted in approximately a 50% jump in the minimum prices of the assets, highlighting how influential personalities can dynamically reshape digital markets.
The change made by Buterin does not go unnoticed in the crypto ecosystem. When prominent figures use their platforms to highlight specific projects — even implicitly — the market reactions appear quickly. The Milady collection, which already had a base of collectors, saw its demand accelerate significantly with this unexpected visibility.
This episode reinforces a reality of the NFT market: the perception and confidence added by high-level influencers have material weight on prices. A simple visual choice by one of the most respected names in blockchain was enough to trigger substantial buying movements, with direct effects on the collection’s floor prices.
The dynamics highlight both the opportunities and vulnerabilities of the segment. While some see such movements as validation of promising projects, others recognize that these rapid fluctuations can create speculative bubbles. In any case, the episode with Vitalik Buterin remains a case study on influence and market impact in the NFT universe.