There is no general rule for NFTs having value, much like there is an infinite amount of art that struggles to have a primary sale. BAYC has a liquid market. I

There is no general rule for NFTs having value, much like there is an infinite amount of art that struggles to have a primary sale. BAYC has a liquid market. It does not matter how many wash trades critics imagine there are - list your BAYC at the floor today, and it will sell within a couple of hours at most. Therefore, anyone not selling isn't doing so because they lack the liquidity. They are holding for other reasons.