Post
Topic
Board Speculation (Altcoins)
Re: Is this the end for NFTs?
by
SirLancelot
on 12/06/2022, 14:39:45 UTC
NFT was the talk of 2021. Now if we look at floor prices for all popular collections https://www.coingecko.com/en/nft other than BAYC there is nothing that performs well.
Cryptopunks are down big. Same for azuki, moonbird, coolcats. Collectors are now looking for good fundamentals, but how can NFT give it? Discuss?
Now this is what we are talking about the longevity of these so called nft's. If only those nft investors believe on us that nft's are only there for the hypes they wouldn't lose like what they are experiencing now but their heads are just hard so they deserve it. They should learn their lessons by now and won't rush to invest on the new stuffs that they see next time.

On the other hand, bayc nft's are so strong even before and they won't easily died down because they are backed by billionaires, add in that they released their own native coin called recently called ape coin. That is one of the reasons why they need to support the project to make it stay relevant on the game.