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Maybe the NFT hype isn't over yet but it's hard to be sure of that, because anything related to NFT has fallen in price and volume, many NFT investors have already suffered high losses due to the influence of the hype, but even if the NFT hype returns but won't get support from the crypto community because high risk of loss and it is better to choose to invest in top coins.
Topic: Is NFT's hype over? - page 3. (Read 2205 times)
I don't think the hype for nft is over, but looking at the current market conditions, nft doesn't go up like they started, but the sales volume is still fine.
That actually makes sense, I honestly think it's over because the ones that I hold have not that much value anymore. There's a price and little value but unlike during the hype of it, they're like from hundreds to thousands and now it's like one single digit of its price.The sales are still good but it's way too low from the hype that it has before and basically that makes everyone who's disappointed about it to say that it's already over. The next trend might come soon and it will be surpassing the trend that the NFTs have made.
I doubt it that the NFTs could be back to its former hype because that's usually what comes around to the crypto market. When it ends, another one rises and emerges.
I don't think the NFT hype is over, it's just a temporary drop, although sales in the NFT market have been down consecutively for the past few months probably due to the influence of the downturn in the market.
Currently, NFT is still being looked at by creative economy players to protect their products and turn them into digital assets.
And now, there are also many people who are interested in NFT games, many game developers are still competing to develop games with the NFT system.
Currently, NFT is still being looked at by creative economy players to protect their products and turn them into digital assets.
And now, there are also many people who are interested in NFT games, many game developers are still competing to develop games with the NFT system.
I don't think the hype for nft is over, but looking at the current market conditions, nft doesn't go up like they started, but the sales volume is still fine.
You know, unlike other p2e projects, WeSleep seems much closer to the masses. I mean, here to earn you don't need to spend hours grinding useless things. Just sleep like you always do and get crypto for it.
NFT will never be over. Its market may drop in times like this bearish season but it won't last long. There are more metaverse projects starting to develop and in the next few years, this will become the next big thing in crypto. From Bitcoin to Bitcoin+altcoins then comes Bitcoin+altcoins+NFTs and then the next will be with metaverse. NFTs will become a huge part of these metaverses.
I am looking at some of the next good projects with potential and many of them are connected to NFTs and metaverse. Lifeform, for example, the creator of HALO NFTs worked with Binance Labs and will launch its product for public minting of NFTs that are applicable to the metaverse.
I am looking at some of the next good projects with potential and many of them are connected to NFTs and metaverse. Lifeform, for example, the creator of HALO NFTs worked with Binance Labs and will launch its product for public minting of NFTs that are applicable to the metaverse.
You can simply check recent OpenSea sales volume to know exactly how wrong you are about NFTs being "dead" or "stagnant." Daily volume for the top 10 NFT collections:
Yes, a lot of it is b.s. that will fade in value, and a lot of other NFTs are illiquid, but the market is still very much there. Its not going away, ever. This isn't like DeFi or the shitcoin of the month. It's like cryptocurrency for everything else besides currency.
Yes, a lot of it is b.s. that will fade in value, and a lot of other NFTs are illiquid, but the market is still very much there. Its not going away, ever. This isn't like DeFi or the shitcoin of the month. It's like cryptocurrency for everything else besides currency.
It's been a few months since NFT became a hot topic in the world of the metaverse here in the cryptocurrency industry. What has made its
noise recently can now be said that it is no longer so noisy and talked about on the social media platform? Although there are still some people
working on projects related to NFT it's not as hotly debated anymore, based on my research here in the crypto world. That's why we can see in
the illustration graph that his ratings have fallen almost to the market.
noise recently can now be said that it is no longer so noisy and talked about on the social media platform? Although there are still some people
working on projects related to NFT it's not as hotly debated anymore, based on my research here in the crypto world. That's why we can see in
the illustration graph that his ratings have fallen almost to the market.
NFTs are extremely down bad more down bad than me right now if you can believe that obviously I'm just kidding guys but many nft collections have seen over a 90-plus correction to the downside so people are going crazy and a lot of people are down in their crypto and nfts portfolio which makes a lot of sense so an important thing to note is that the nft market is much more different now than it was just a couple of months ago many people were making thousands and thousands of dollars on monkey pictures and it was crazy you could close your eyes and gamble on nfts and you'd probably come out with a profit however now that just isn't the case people are having a much harder time making money in the current market simply because not a lot of people are buying nfts right
too bad NFT seems could hardly getting famous again, considering so many has considered NFT as useless due to the fact that many have lost their investments in the recents nft arts trend, even though nft actually has so many use case it's just that most people are getting too focused in something like nft art which is very useless, i think the only ones that could save nft is blockchain gaming since they are the ones that atleast gives utility towards nft in most cases.
totally agree with you. but a hype does always end like this. the fact is that many people buy nft art that they don't know and are not interested in. but they buy only hoping to make a profit. in the end they are a lot of losers and leave the NFT market. and the hype is over. but the hype can come back when the bullrun returns. but I'm only interested in Game-based NFT. like Buying a Hero (nft) in a game has its uses and we as players need it. so NFT is very suitable in the gaming industry. 
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Maybe the NFT hype isn't over yet but it's hard to be sure of that, because anything related to NFT has fallen in price and volume, many NFT investors have already suffered high losses due to the influence of the hype, but even if the NFT hype returns but won't get support from the crypto community because high risk of loss and it is better to choose to invest in top coins.
When it comes to nft, I prefer those nfts that can do some good and have fundamentals underneath them.
I can recommend Amulet Protocol, it is a decentralized risk protection protocol for the Rust-based ecosystem initially deployed on Solana.
Amulet NFTs for great perks like Staking Bonus, Higher Token Sale Cap, Airdrop Bonus, Vesting Bonus and most importantly, policy discounts up to 15%!
Such NFTs will be very much in demand, because they are not just beautiful pictures, and an asset that brings and saves money.
I can recommend Amulet Protocol, it is a decentralized risk protection protocol for the Rust-based ecosystem initially deployed on Solana.
Amulet NFTs for great perks like Staking Bonus, Higher Token Sale Cap, Airdrop Bonus, Vesting Bonus and most importantly, policy discounts up to 15%!
Such NFTs will be very much in demand, because they are not just beautiful pictures, and an asset that brings and saves money.
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I think the increasing interest in Nft and being popular like a while ago is very influential from the work it produces, if the work can attract investors then I think for now and in the future it will continue to be popular and become a token that is taken into account in the market. I think the Hype for Nft isn't over yet, it's just that the market conditions are not normal. I think like that
Although the hype of NFT has dropped a lot since 2021, it cannot be asserted that its hype has disappeared, the market is in a bear season and that is the general state of the entire crypto market.
Now that top brands continue to invest in the NFT sector shows that the NFT hype isn't over yet, one of the leading technology companies like samsung, samsung has partnered with Theta Labs, to build the NFT ecosystem for its new phone model. And many big players from different industries are investing in NFT. NFT still has a very strong pull and it is still part of the future of crypto.
I am also among those who still believe that NFT will return to hype again, because it seems that the demand for NFT it is still quite high.
There are still many people who believe in Metaverse and NFT is still not over, if a bull market comes, NFT will likely hype again. Instead of
taking the risk of investing in meme coins, I prefer to invest in NFT. Because I believe NFT will still be a trend for the next few years.
Although my main focus is still investing in top coins, but I set aside about 15% of my capital for investment in NFT. I believe NFT will give me
a satisfactory profit, because as you said several companies in the technology sector invest in NFT. So that makes me even more optimistic that
NFT will get back into the hype again, but really no one knows when that will happen. So we really have to be patient holding NFT until
the market recovers and the bull market comes.
Don't know how DREEM did it, but even in the beta there are a huge bunch of people there. I literally just created my virtual space and a couple of dudes joined in right away. I didn't even think I'd get so much fun out of it.
Sometimes the NFT market comes back to life when looking at specific blockchains. I often see, for example, a surge in trading volumes on Avalance or Solana. But it's still a long way from last year's billion-dollar trading volumes. The interest in such assets has clearly decreased now, because in a bear market, most people are trying to withdraw liquidity, not the other way around. Occasionally, there are some small plunges that inflate token prices by 10-20 times, but they are very rare. In general, if you compare with the past activity in this area, I would even say that the hype around NFT at the moment has finally died down.
The bear market has decreased demand for NFTs, but that doesn't mean the hype is over. Last time I've read, companies like Coca-Cola and Disney started publishing NFTs of their own on the Polygon (MATIC) chain. This tell us there's still interest in the NFT space among investors, companies, individuals, and traders alike. With how quickly prices have fallen, NFTs that were once expensive in Fiat terms are now being sold at a bargain.
ETH has low gas fees right now, so why not go ahead and buy your favorite NFTs before everything goes back up again? A lot of money is still being poured into NFTs, so it's unlikely they'll disappear anytime soon. Just my thoughts
Let's give credit where credit is due, no matter how diligent the community is, there wouldn't be so many custom locations models if Dreem hadn't put so much work into the editor.
Some links about this matter
https://www.digitalmusicnews.com/2022/09/06/opensea-nft-marketplace-trade-volume-september-2022/?fbclid=IwAR1b0uyTRMkroT5TuYHoH71OkbNgc0pKmJ0knjSlHgH7erfIOGFRsOUSd5I
NFT Marketplace OpenSea Is In Trouble – Trade Volume Down 99% Since May 1 Peak
We can say indeed the hype is over + Bear market condition then 99% isnt surprising.
Wondering on what would be the next trend next to nft? Guess what?
https://www.digitalmusicnews.com/2022/09/06/opensea-nft-marketplace-trade-volume-september-2022/?fbclid=IwAR1b0uyTRMkroT5TuYHoH71OkbNgc0pKmJ0knjSlHgH7erfIOGFRsOUSd5I
NFT Marketplace OpenSea Is In Trouble – Trade Volume Down 99% Since May 1 Peak
We can say indeed the hype is over + Bear market condition then 99% isnt surprising.
Wondering on what would be the next trend next to nft? Guess what?
I think NFT is a questionable area... You know that in real life some artworks find buyers at exorbitant prices. We all know that such events are actually a dirty money exchange. NFTs have a similar problem... But no matter what, NFTs will continue to be used in GameFI systems, land registry and cadastral planning, supply chain and logistics services, and other products for which we can specify ownership. I think NFTs will one day provide very important services in real-life usage areas. We will not give up using trains just because they made weapons out of iron. :)
Also, if you want to check out more statistics about NFTs, you can visit https://www.theblock.co/data/nft-non-fungible-tokens/nft-overview
Also, if you want to check out more statistics about NFTs, you can visit https://www.theblock.co/data/nft-non-fungible-tokens/nft-overview
What makes you believe that if you work on multiple exciting projects, the buzz is still alive? New NFT ventures can still launch after a hype cycle has passed. A hype suggests an influx of projects that follow a trend. For instance, the DeFi craze ceased two years ago, yet projects have appeared and will continue to exist. Only now are these projects more sensible and superior to those that first surfaced during the hype, when the market was overrun with a profusion of frauds, duds, and knockoffs. With NFT, the same thing is taking place.
Judging by the latest news, I noticed that the interest of NFT industry leaves a double impression. On the one hand in the same March there was a drop in interest in NFT from retail traders and those interested in this direction of the crypto industry.
This is also reflected in the drop in trading volumes on OpenSea and a decrease in the number of searches on Google. That is, according to these factors we can conclude that the NFT haip is coming to an end. But on the other hand in March venture capital investments were mostly in the NFT projects.
What do you think, the NFT HYIP is over or the interest in investments in the NFT projects is due to the fact that now the market began to appear to a greater extent, high-quality projects, but not a mountain of spam, when NFT created everyone who is not lazy?
This is also reflected in the drop in trading volumes on OpenSea and a decrease in the number of searches on Google. That is, according to these factors we can conclude that the NFT haip is coming to an end. But on the other hand in March venture capital investments were mostly in the NFT projects.
What do you think, the NFT HYIP is over or the interest in investments in the NFT projects is due to the fact that now the market began to appear to a greater extent, high-quality projects, but not a mountain of spam, when NFT created everyone who is not lazy?
I think the increasing interest in Nft and being popular like a while ago is very influential from the work it produces, if the work can attract investors then I think for now and in the future it will continue to be popular and become a token that is taken into account in the market. I think the Hype for Nft isn't over yet, it's just that the market conditions are not normal. I think like that
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