I don't think it's an indicator that NFT is going to die, but the hype is dropping a bit. In fact, the potential of NFT is still there and the uniqueness of each NFT that each person has is different, when someone uploads an NFT into the blockchain, it has a uniqueness where there will be a kind of watermark and cannot be changed. , the metadata embedded in every NFT is truly a hallmark and an art in NFT, NFT is just resting, it's not dead and I'm sure of it.
The NFT hype may be over, now leaving a really serious project to develop NFT also for token development and their business. However, for Non-tokenized NFT, such as NFT art, the creator will still exist, unlike NFT memes which in the end will have no value. It is up to us as users to see an opportunity to find the value of the NFT that we are going to buy. It is highly recommended not to buy NFT just because of the hype, but look to the future for its value. Because the value will not be gone, but, time will make the value of that NFT more higher.