They are almost done, the hype could end up soon and only those reliable NFT projects will be left while the others will die. I have seen them having no difference from ICO, Defi projects, as they got into hypes and they collapse.
And besides, only NFT games give life on this platform, the rest are just ignored and investors having no interest in them. Well, I can admit I have no such interest as well.
For this case I think it's not over yet, the current market has been favoring NFT a lot. A lot of areas are being exploited and applied, and of course it only ends when it no longer brings value to users, and currently, it is still very long for us to discuss.