Post
Topic
Board Altcoin Discussion
Re: Why are NFT Tokens booming? FOMO?
by
bayudndy
on 13/03/2021, 07:27:39 UTC
I am wondering why are NFT tokens so hot right now?
The gains in the last week are pretty significant.
I cant imagine everyone running to play some NFT supported video game or really wanting to spend alot of money on buying digital art etc.

So is this insane rally based on  Hype and FOMO?

Do you predict the price rally will cool off and  retrace  soon?

Have you heard of IDOs lately?
Projects bring in a lot of profits to investors and this gets them noticed.
And the NFT is really making the hype, I don't think it's worth that much, agree on the application of NFT to the small things to initiate the bigger ones.