Post
Topic
Board Altcoin Discussion
Re: Is NFT's hype over?
by
BlackBaron
on 02/06/2022, 09:10:05 UTC
I don't think the NFT hype is over, it just corrected because the greater market corrected. Another issue is that ETH gas fees are just too high to trade NFTs profitably. Many people are moving to other chains like SOL, HBAR, and ICP to trade and collect NFT art.
Maybe the NFT hype still persists to this day but the interaction for NFT trading has decreased even though the impact of the market correction continues to suppress the decline in NFT trading, I am no longer interested in investing in NFT and have switched to investing in top altcoins because it will be profitable if the market can recover at the end next year.