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Topic: NFT/METAVERSE price movement, prediction and discussion - page 3. (Read 1347 times)

full member
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1xBit 🏆 │ NotYourKeys.org
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Third possible reason would be the hype of NFT's are now over. We can confirm this more once the whole crypto market have recovered from the bear.
I am guessing third one wasn't the reason. Many nfts are thriving way better then most altcoins out there. Some have even outperformed every altcoin in this bullmarket in terms of mint to current price.
Many of them have fallen but it would be very unhealthy for markets if every crappy nft or altcoin out there would just go up. That would indeed smell like a pyramid scam from miles away.
I agree that the appeal of NFTs is not over because based on coinmarketcap, the supply and value of NFT tokens in the crypto market are huge. What makes Trump's NFT less interesting, I think, is bcause the fans don't really think it's important or the majority of them don't really understand the concept of NFT.
legendary
Activity: 2800
Merit: 1128
Leading Crypto Sports Betting & Casino Platform
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Third possible reason would be the hype of NFT's are now over. We can confirm this more once the whole crypto market have recovered from the bear.

I am guessing third one wasn't the reason. Many nfts are thriving way better then most altcoins out there. Some have even outperformed every altcoin in this bullmarket in terms of mint to current price.
Many of them have fallen but it would be very unhealthy for markets if every crappy nft or altcoin out there would just go up. That would indeed smell like a pyramid scam from miles away.
full member
Activity: 1890
Merit: 101
1xBit 🏆 │ NotYourKeys.org
the NFT market is really not in great demand, even products from donald trump himself reportedly don't have much interest (what happened to his fans), but I'm sure that's because of the unreasonable prices LOL.
It is not that surprising, I am sure that if a famous movie star released their own NFTs and some of those tokens were similar on the perks they offer to what we see with those Trump NFTs there will be people willing to pay huge sums of money for them.

But when it comes to Trump the market is simply not there, as whatever he has to say is something he has said hundreds of times already, and as such you might as well use all of that money to invest in bitcoin or to buy and item you will enjoy for way longer than a Zoom meeting.
smart people will definitely buy bitcoin instead of putting their hopes on NFT assets which are unlikely to be of great value in the future especially donald trump is slowly starting to lose his prestige and followers.



Quote
YouTuber Logan Paul has apologised to fans who lost money after investing in his cryptocurrency game, CryptoZoo.

The 27-year-old encouraged people to buy cryptocurrency collectables for what he called a "really fun game that makes you money".

But more than a year after its launch, no game has materialised and Paul has apparently abandoned the project.

Now, in response to another YouTuber's investigation into the business, Paul says he wants to "make this right".

CryptoZoo was launched in 2021 after first being discussed on Paul's podcast Impaulsive.
https://www.bbc.com/news/technology-64210289

this is the reason why don't trust an influencer too much, they are not a professional analyst, they only work for content, every time you invest, do your own research before.
hero member
Activity: 2688
Merit: 704
the NFT market is really not in great demand, even products from donald trump himself reportedly don't have much interest (what happened to his fans), but I'm sure that's because of the unreasonable prices LOL.
It is not that surprising, I am sure that if a famous movie star released their own NFTs and some of those tokens were similar on the perks they offer to what we see with those Trump NFTs there will be people willing to pay huge sums of money for them.

But when it comes to Trump the market is simply not there, as whatever he has to say is something he has said hundreds of times already, and as such you might as well use all of that money to invest in bitcoin or to buy and item you will enjoy for way longer than a Zoom meeting.
legendary
Activity: 2520
Merit: 1073
Quote
Former U.S. President Donald Trump seized the attention of the NFT space in December with his digital trading cards launch, but the short-lived hype has since given way to crashing sales. Now the NFT passes tied to related perks are seeing similarly middling demand, with tokenized tickets for a group Zoom call with Trump selling for under $25 apiece.

Trump’s digital NFT cards were sold with the possibility of buyers receiving one of many potential benefits related to the disgraced politician, including dinner or an in-person meet-and-greet with Trump, private and group Zoom calls, and more.
---

Some NFT holders are at least trying to swing sizable sales of their perk passes: a ticket for a one-on-one Zoom meeting with Trump is currently listed for 200 ETH ($277,000) on OpenSea, with a gala dinner ticket NFT listed for 50 ETH (over $69,000). That doesn't mean, however, that these sellers will get their asking prices for these NFTs, or anything close to them.
https://decrypt.co/119055/nft-zoom-call-donald-trump-selling-under-25

the NFT market is really not in great demand, even products from donald trump himself reportedly don't have much interest (what happened to his fans), but I'm sure that's because of the unreasonable prices LOL.

There are different reasons for this. One is, not all people are a fan of trump. Second is, the decline can be cause of the bear market and not really about the losing interest of its fans. Fans must support their idols until the end especially the die hard ones. Some of these fans happens might be filthy rich, so they can be able to avoid those expensive NFT.

For those who aren't that fortunate enough, there are still cheaper versions of NFT's for them, the one that is being sold for 25 USD. Third possible reason would be the hype of NFT's are now over. We can confirm this more once the whole crypto market have recovered from the bear.
legendary
Activity: 2800
Merit: 1128
Leading Crypto Sports Betting & Casino Platform
Dump, dump and dump. All of metaverse tokens are dumping so hard.

Those looks like they bottomed out to be honest. I am currently studying them so thanks to OP for linking them i guess. How in earth i completely missed that Star Atlas. Well i got some reading to do now..

This came back to my feed, and boy i was wrong. I have a vague memory that everything felt bottomed out. If someone had told me that that would been a good time to sell and there would still another -90% to drop (which happened) i would have probably thought they were crazy. But back then no one knew that there would be luna crash coming to top of the war.

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the NFT market is really not in great demand, even products from donald trump himself reportedly don't have much interest (what happened to his fans), but I'm sure that's because of the unreasonable prices LOL.
NFT markets are doing as well as other altcoin markets. It's just the crappy projects like trump trading cards and things like GOT trademark and zero effort copy cats that are failing. And i totally understand why. They don't have the spririt of crypto. It's like coca-cola would make their own erc20 token and sold it. It's pointless and no-one cares.
full member
Activity: 1890
Merit: 101
1xBit 🏆 │ NotYourKeys.org
Quote
Former U.S. President Donald Trump seized the attention of the NFT space in December with his digital trading cards launch, but the short-lived hype has since given way to crashing sales. Now the NFT passes tied to related perks are seeing similarly middling demand, with tokenized tickets for a group Zoom call with Trump selling for under $25 apiece.

Trump’s digital NFT cards were sold with the possibility of buyers receiving one of many potential benefits related to the disgraced politician, including dinner or an in-person meet-and-greet with Trump, private and group Zoom calls, and more.
---

Some NFT holders are at least trying to swing sizable sales of their perk passes: a ticket for a one-on-one Zoom meeting with Trump is currently listed for 200 ETH ($277,000) on OpenSea, with a gala dinner ticket NFT listed for 50 ETH (over $69,000). That doesn't mean, however, that these sellers will get their asking prices for these NFTs, or anything close to them.

https://decrypt.co/119055/nft-zoom-call-donald-trump-selling-under-25

the NFT market is really not in great demand, even products from donald trump himself reportedly don't have much interest (what happened to his fans), but I'm sure that's because of the unreasonable prices LOL.
full member
Activity: 1890
Merit: 101
1xBit 🏆 │ NotYourKeys.org
cut
That's a great news for those who are in the US and it's great that FB is starting to become crypto-oriented just like on twitter and maybe they have plans to overcome twitter in terms of crypto content? Because they are also developing metaverse on them but I haven't seen that happened on twitter yet other than some nft avatar and crypto address in the bio.

Anyway, we shouldn't wonder on why the momentum of nft's are declining. It's not that their trend are over but I believe it's only caused by a bearish market plus there's also crisis happening outside. You know people know are also tightening their budgets but as soon as these problems pass, I think nft's are going to shine again.
true, other social media developers will definitely follow the features made by META, and the use of NFTs on social media platforms will be a positive trend in the future. maybe Elon Musk will provide NFT later on for Twitter account users, and I think it's better than the blue tick that has to be rented for $8/month LOL.
hero member
Activity: 2534
Merit: 585
Leading Crypto Sports Betting & Casino Platform
Quote
Facebook, Instagram Users in US Can Now Share Ethereum, Flow and Polygon NFTs
Quote
An NFT is a blockchain token that represents ownership in a unique digital item. Some of the popular use cases include digital artwork and collectibles, as well as interactive video games items. The NFT market yielded some $25 billion in trading volume over the course of 2021.

That momentum continued apace into the early months of 2022, but the NFT market has lost considerable steam since the wider crypto market crash began in May. Overall sales volume is down significantly, while prices for many of the top NFT collections have fallen dramatically.
You can get more complete information here

The attraction of NFT and metaverse continues to decline and it is impossible to predict how long it will last or when it will rise again, many people claim to have lost the value of their investment in the NFT they bought, I also lost the value of the NFT I bought last year, not sure Will the value rise again in the future?
That's a great news for those who are in the US and it's great that FB is starting to become crypto-oriented just like on twitter and maybe they have plans to overcome twitter in terms of crypto content? Because they are also developing metaverse on them but I haven't seen that happened on twitter yet other than some nft avatar and crypto address in the bio.

Anyway, we shouldn't wonder on why the momentum of nft's are declining. It's not that their trend are over but I believe it's only caused by a bearish market plus there's also crisis happening outside. You know people know are also tightening their budgets but as soon as these problems pass, I think nft's are going to shine again.
hero member
Activity: 2002
Merit: 670
I feel like Warnerbros may be popular with their NFTs in future. When you consider their Epic Sauron NFT they were sort of successful as its price went up after selling was over. But other more common nfts were flop. I think with this experience they may release in even better ways with NFTs. There will be 2 more LOTR nft. After that why not Hobbit ones? Also in future they may release Batman NFTs as well.
Most NFTs today is a flop. They're no longer in great value unlike a year ago. I don't know about Warner Bros that they've been into NFTs too. But just to be sure, most of those companies whether in the film industry, or in the tech industry, as long as they're very known in their own industries. They can easily sell out those NFTs that they are making, I've seen a lot of companies did that and they have a lot of customers that have been interested into NFTs because they've heard of the hype from it.
Any brand can do this, they will in time. NFTs have to be truly unique to be valuable, It should also have a story and a past.. I didn't know LOTR nfts were out, I took a look and they look really unique. I think keeping a collection in digital wallets is more attractive than keeping it physically, and it will be even more attractive in the coming years. With the advancing Nft technology.
hero member
Activity: 2660
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Vave.com - Crypto Casino
I feel like Warnerbros may be popular with their NFTs in future. When you consider their Epic Sauron NFT they were sort of successful as its price went up after selling was over. But other more common nfts were flop. I think with this experience they may release in even better ways with NFTs. There will be 2 more LOTR nft. After that why not Hobbit ones? Also in future they may release Batman NFTs as well.
Most NFTs today is a flop. They're no longer in great value unlike a year ago. I don't know about Warner Bros that they've been into NFTs too. But just to be sure, most of those companies whether in the film industry, or in the tech industry, as long as they're very known in their own industries. They can easily sell out those NFTs that they are making, I've seen a lot of companies did that and they have a lot of customers that have been interested into NFTs because they've heard of the hype from it.
legendary
Activity: 2170
Merit: 1306
I feel like Warnerbros may be popular with their NFTs in future. When you consider their Epic Sauron NFT they were sort of successful as its price went up after selling was over. But other more common nfts were flop. I think with this experience they may release in even better ways with NFTs. There will be 2 more LOTR nft. After that why not Hobbit ones? Also in future they may release Batman NFTs as well.
full member
Activity: 1890
Merit: 101
1xBit 🏆 │ NotYourKeys.org
Quote
Facebook, Instagram Users in US Can Now Share Ethereum, Flow and Polygon NFTs
Quote
An NFT is a blockchain token that represents ownership in a unique digital item. Some of the popular use cases include digital artwork and collectibles, as well as interactive video games items. The NFT market yielded some $25 billion in trading volume over the course of 2021.

That momentum continued apace into the early months of 2022, but the NFT market has lost considerable steam since the wider crypto market crash began in May. Overall sales volume is down significantly, while prices for many of the top NFT collections have fallen dramatically.
You can get more complete information here

The attraction of NFT and metaverse continues to decline and it is impossible to predict how long it will last or when it will rise again, many people claim to have lost the value of their investment in the NFT they bought, I also lost the value of the NFT I bought last year, not sure Will the value rise again in the future?
newbie
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DREEM Metaverse - this is what is really required for analysis if you do not want to be left without a gold mine.
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#SWGT PRE-SALE IS LIVE
I immediately checked the VRJAM site and saw "closed beta is live" what do mean by this? the interesting part is that I see this vrjam site has been registered since 2000 but only reactivated in 2021. I will continue to monitor this project!
It's a step to release the product. That means the product testing was only available for the parties who have been selected by the companies itself. It's quite different with open beta. The application is in the way to be rolling out. I didn't know this project but i have experienced with so many projects that used livestreaming but they were failed. Im feeling doubt about that. It seems like a suspicious project. You must be careful. That guy has been paid maybe to shill it. Any chance for unknown project like that to be a scam project.
thanks for the knowledge, I thought so too (Brigad1.R is marketing) I almost never join and invest in projects that use live streaming. btw, do you have any recommendations for potential projects or crypto coins in the future (preferably nft tokens), because I want to try to invest a little of my money.
hero member
Activity: 2800
Merit: 520
Leading Crypto Sports Betting & Casino Platform
I immediately checked the VRJAM site and saw "closed beta is live" what do mean by this? the interesting part is that I see this vrjam site has been registered since 2000 but only reactivated in 2021. I will continue to monitor this project!
It's a step to release the product. That means the product testing was only available for the parties who have been selected by the companies itself. It's quite different with open beta. The application is in the way to be rolling out. I didn't know this project but i have experienced with so many projects that used livestreaming but they were failed. Im feeling doubt about that. It seems like a suspicious project. You must be careful. That guy has been paid maybe to shill it. Any chance for unknown project like that to be a scam project.
full member
Activity: 1444
Merit: 156
#SWGT PRE-SALE IS LIVE
VRJAM is the first of it's kind Real-Time Streaming Platform for Live Entertainment in Virtual Reality
It's a fresh air in crypto world, check them out
BETA IS LIVE
VRJAM empowers creators, platform owners and brands to effortlessly create inspiring immersive experiences that redefine fan engagement by making content beautiful, interactive and immersive.  
The VRJAM platform offers a next generation solution for live shows in the multiverse and offers exciting new opportunities for monetisation using web 3.0 tech powered by blockchain.
I immediately checked the VRJAM site and saw "closed beta is live" what do mean by this? the interesting part is that I see this vrjam site has been registered since 2000 but only reactivated in 2021. I will continue to monitor this project!
full member
Activity: 1890
Merit: 101
1xBit 🏆 │ NotYourKeys.org
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the metaverse project is still very new, and it's not wrong if we buy some metaverse coins like MANA or SAND.
moreover this is a bear market, so it's perfect if we accumulate it, we know META just launched last year,
and we are still in a transition phase, so don't worry, the metaverse will be hype in the future
actually, the concept of the metaverse is not new, but metaverse has started hype in the last few years,

Quote
The term Metaverse first appeared in one of Neal Stephenson's novels, Snow Crash, which was released in 1992. In this novel, it tells the story of humans as avatars who can interact with other avatars in 3-dimensional virtual space, which is a metaphor for the world.

Talking about the META company, it's clear that they are really serious about developing their metaverse project but the ecosystem is still not clear



which is still a big question in my mind is when META plans to launch their token, until now the issue is still unclear.


https://coinmarketcap.com/view/metaverse/
https://coinmarketcap.com/view/collectibles-nfts/
full member
Activity: 657
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Since the OP was asking about metaverse (in addition to NFT), I'd say that there is a good chance that some metaverse project will rise during next bullish season providing that they will have a product that is on demand. Its is possible that metaverse projects may become a good and profitable entertainment industry one day. 
the metaverse project is still very new, and it's not wrong if we buy some metaverse coins like MANA or SAND.
moreover this is a bear market, so it's perfect if we accumulate it, we know META just launched last year,
and we are still in a transition phase, so don't worry, the metaverse will be hype in the future
Also not new, as far as I can see, is the approach taken by the participants when they do not understand how they work. These are not so special and few really know about it when many parties are strong about it. That term is as popular as it is now. But it also exposed the fact that many projects just follow the trend without focusing on the product. I think it needs time to refine to get better. Some of the future implementation issues that I expect with this field to be practical and attractive products rather than hype about the price of possibility. bring profit.
full member
Activity: 1048
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Since the OP was asking about metaverse (in addition to NFT), I'd say that there is a good chance that some metaverse project will rise during next bullish season providing that they will have a product that is on demand. Its is possible that metaverse projects may become a good and profitable entertainment industry one day. 
the metaverse project is still very new, and it's not wrong if we buy some metaverse coins like MANA or SAND.
moreover this is a bear market, so it's perfect if we accumulate it, we know META just launched last year,
and we are still in a transition phase, so don't worry, the metaverse will be hype in the future
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