Hello,
Currency prices are falling, but Is this decline continuing? What is the main problem?
Is it true that NFTs are the future of the cryptocurrencies?
Any idea welcomed.
Thank you.
You are right that now capitals flow from normal useful altcoins to different popular, but not very valuable, to my mind, meme coins and NFT of different games. Nevertheless, I strongly believe that digital art and gaming are not the limit of Non-fungible tokens. We can tokenize physical assets, documents, rights. So, in my point of view NFT is really a future, but in another form than we see now.
Not sure if money is really flowing around the way you describe it. I rather think that more and more money is entering the crypto markets as a whole, with some of it also going into NFTs. As for NFTs I very often read its connection to games, but there are far more applications for NFTs than just games. Beyond that I think we will see a wave of innovative products even over the course of the next 12 months.