Post
Topic
Board Altcoin Discussion
Re: Is the Nft hype-cyvle is over?
by
herurist
on 09/10/2021, 11:17:13 UTC
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.
they are like a current that is very difficult to stem and the fans are getting more and more.
and what you say is true. they don't care what happens to eth or bnb because basically they are different in terms of system.
and in fact the past few months have been hype that has even become overhype in the adoption of NFT.
this is not without reason apart from AXIE it's fun they also start having fun playing as if they forgot the trading market but they can earn income from it.