LOL! Of course it not. No way. Did you hear about MonstersClan? The hype is only beginning.
I guess he didn't but can you take a new project like monsterclan as a way to determine whether the trend was still going on or not? i never heard about this kind of project before but AXS was showing if the hype was still there.
This is not surprising, for this and the future, for example, $ YCT came up with the idea of monetizing TikTok video
Doubt if this will be a successful project. It seems like just another project that created a gimmick. it sounds like another money grabber only.
The popularity of NFT decreases with the prices of Bitcoin and Ethereum.
Bitcoin and ethereum have nothing to do with the popularity of NFT. AXS was increasing a lot due to its utility and it didn't even care about the price of bitcoin and ethereum. NFT project didn't even need to wait for the major coin to be bullish to get the hype. It needs to do something useful.