This isn't a ponzi scheme as others have pointed out. This is well understood and goes on all the time in NFTs, it's usually called wash trading. People in cr

This isn't a ponzi scheme as others have pointed out. This is well understood and goes on all the time in NFTs, it's usually called wash trading. People in crypto know this is happening. The reason they still speculate is because it's hard to predict when it will collapse, and some people think they have an edge predicting that sort of thing.