Yeah. ICO, IEO, DEFI, Meme coins hype is already end. Even NFT sounds like about to end but Metaverse is on trend currently. But the real purpose of metaverse is incomplete and need long to go.
There are so many trends that we have passed over time, the latest trend now is about Metaverse but I don't think it will end quickly compared to other trends, because Facebook support has even changed the company name to "Meta" to be more identified with a new strategy, so I think the Meta trend will run with the latest innovations for the long term