How is it any different than bitcoin? I don’t see a difference between the price of bitcoin and the price of NFTs. They both seem high and speculative.
I do see a difference. There will never be more than 21M bitcoin. As of art and NFTs, imho anything can be art and anything can be under a NFT; this means basically infinite supply.
While some of those objects may worth the money, I also feel like NFT is just another hype that will fade out at some point.