Or Snoop Dogg selling a million NFTs in 30 minutes? Okay, that’s gangsta. $12 million in 30 minutes on Telegram? The Doggfather's still got it, no doubt. Tether hold on! So before you fall down the rabbit hole of NFTs and getting rich quick and ditching your diversified portfolio for highly volatile crypto assets, not so fast. We’re not up here hating on NFTs — we want to be honest.

Snoop's move is a masterclass in marketing, leveraging his brand and Telegram's reach. It’s a free for all, an FOMO dream, a hype train, and the greatest show on earth all wrapped up in one digital doobie. Does it really matter when it comes to the fundamental crypto investing landscape? Absolutely not.

Volatility Is a Real Killer

NFTs are, by their nature, highly volatile. Remember Beanie Babies? The housing market in 2008? Remember that hype is a fickle mistress, and what’s hot today can be tomorrow’s bitcoin. One minute your Bored Ape is worth a fortune, the next it’s… well, just an under-the-sea monkey.

Bitcoin has proven the opposite. Yes, it has its ups and downs. But look at the long game. Since its creation, Bitcoin has not looked back, going from strength to strength and riding out adverse conditions that would drown other assets. It’s the digital equivalent of flying gold bars. While gold prices can be volatile, this asset has a proven track record of providing a hedge against economic crisis.

Think of it this way: Snoop's NFTs are like a limited-edition vinyl record – cool to have, might appreciate if you're lucky, but not something you'd bet your future on. Bitcoin is like owning the recording studio. It’s the infrastructure, the foundation, the long-lasting asset.

Institutional Adoption Is More Important

Thrilling as Snoop’s NFT success is, to be sure, that market too remains overwhelmingly driven by retail investors and collectors. Yet, the big players, the institutional investors, if you will, are still testing the waters when it comes to NFTs. And as we go along, they’re ducking, dodging, but most of all, laughing.

Bitcoin has seen massive institutional adoption. By getting Bitcoin on the balance sheet, companies such as MicroStrategy, Tesla (at one point), and even traditional financial institutions are now holding Bitcoin on their balance sheets. People see it as a perfectly viable long-term store of value. They view it as a hedge against inflation and a potential source of long-term return.

This institutional adoption is critical. It gives to the Bitcoin market stability, liquidity, and legitimacy. It’s the difference between a pop-up shop and a permanent flagship store on Wall Street.

That’s exactly like the difference between streaming one song on Spotify and having equity in the entire record label. One is a short-term pleasure, the other a long-term commitment to the whole sector.

True Decentralization Survives Everything

This is where Bitcoin truly shines. It's decentralized. No single entity controls it. No government can shut it down. No company can manipulate its supply. It isn’t owned or controlled by anyone, so it’s a genuinely peer-to-peer system, and that makes it really resilient.

NFTs, for the most part, are not. They exist on well-defined blockchains, under the auspices of specific private companies. If that company goes bankrupt, or the blockchain itself gets compromised, your NFT could be dead. They’re dependent on centralized entities for their existence.

In a time of growing geopolitical instability, Bitcoin’s decentralization is undoubtedly its greatest superpower. It’s a hedge against government overreach and currency devaluation. It is freedom. It's the digital equivalent of stashing gold under your mattress, except it's far more secure and accessible.

Look, I'm not saying NFTs are worthless. They’re cool, they’re creative, and they’re one of the best ways to directly support your favorite artists. Let’s face it, they are no substitute for Bitcoin as a long term, serious investment.

Bitcoin’s incredible growth, status of institutional adoption, and decentralized nature earns Bitcoin the King of crypto title for a reason. As entertaining as Snoop’s NFT stunt is, don’t get so dazzled that you lose sight of the fundamentals.

Consider NFTs the same way you might consider other collectibles or forms of entertainment – similar to buying a concert ticket or a limited-edition sneaker. Comparatively, investing in bitcoin is like purchasing real estate. It is a smart long-term investment that can offer the stability and security all of us crave in an uncertain world.

Get down to Snoop Dogg NFTs on the blockchain! Listen to his brand new track “Gifts,” but don’t lose sight of where the true gifts live. With the new bull run fully kicked into gear, don’t forget to invest safely, and make sure to think of Bitcoin as the bedrock of your new crypto portfolio. Keep it real, folks.

So, enjoy the Snoop Dogg NFTs, listen to his new track "Gifts," but don't forget where the real value lies. As the bull run begins, remember to invest wisely, and consider Bitcoin as the bedrock of your crypto portfolio. Keep it real, folks.