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?
The reason why we have serious bull run in 2021 was partly because of NFT projects. Some of them especially the popular one on coinmarketcap.com has give huge returns to investors. It is not going to die but know that this is how things work in crypto space. A lot of manipulation is going on and the weak hands are losing seriously. The whales are buying them at this discounted price to sell again for the desperate one at the top.