Post
Topic
Board Altcoin Discussion
Re: Is NFT's hype over?
by
sayaya17
on 23/09/2022, 11:32:17 UTC
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I think the increasing interest in Nft and being popular like a while ago is very influential from the work it produces, if the work can attract investors then I think for now and in the future it will continue to be popular and become a token that is taken into account in the market. I think the Hype for Nft isn't over yet, it's just that the market conditions are not normal. I think like that

Although the hype of NFT has dropped a lot since 2021, it cannot be asserted that its hype has disappeared, the market is in a bear season and that is the general state of the entire crypto market.

Now that top brands continue to invest in the NFT sector shows that the NFT hype isn't over yet, one of the leading technology companies like samsung, samsung has partnered with Theta Labs, to build the NFT ecosystem for its new phone model. And many big players from different industries are investing in NFT. NFT still has a very strong pull and it is still part of the future of crypto.

I am also among those who still believe that NFT will return to hype again, because it seems that the demand for NFT it is still quite high.
There are still many people who believe in Metaverse and NFT is still not over, if a bull market comes, NFT will likely hype again. Instead of
taking the risk of investing in meme coins, I prefer to invest in NFT. Because I believe NFT will still be a trend for the next few years.
Although my main focus is still investing in top coins, but I set aside about 15% of my capital for investment in NFT. I believe NFT will give me
a satisfactory profit, because as you said several companies in the technology sector invest in NFT. So that makes me even more optimistic that
NFT will get back into the hype again, but really no one knows when that will happen. So we really have to be patient holding NFT until
the market recovers and the bull market comes.