NFT is a modern trend because the price of NFT continues to grow.
Price for NFT growth is even more than the price of cryptocurrencies. That is why many people buy NFT and use them for investment perposes.
Price of NFT? there thousands of NFTs out there and not all of them are continue to grow. And as you can see, the market isn't that good and it's dropping a lot.
The growth has been delayed especially for those games that have become popular. Maybe for some artwork NFTs, they keep on pumping since they don't have a trade economy just as the other NFT governance tokens.
As you said, there are thousands if not millions of NFT right now and all of them are not well developed and even now there are a lot of scams in them.
but the important point is that something like this is definitely a huge hype regardless of what it is still stuff like this is really good and their hype is still going on and that's really good.
But don't forget that hype will always end and I think NFT will sooner or later be like that
It is a huge hype, nobody is denying that fact for the NFTs. They keep coming and coming and seem like there's no way to stop them. The thing is that many of these NFTs are good to hold only and you're going to sell it if somebody is interested in it. It has an uncommon market unlike the usual trading of altcoins in different exchanges. I agree that the hype won't last, so if you still have it and you believe that there's a future with the NFT you hold, you hold it as long as you want.