IMO, NFTs trend is over.
I don't like NFTs at all because how the order book and everything is hard for us in case want to exit the project. Holding NFTs for Instrument Asset is not a suitable and good things, because it's only a picture.
See now the old NFTs who are reaching all-time high. How is going ?
I wouldn't ever suggest that people should buy NFTs as they are even harder to estimate how they hold value compared to altcoins and people would most likely be losing money.
But i feel that people who are bashing them are doing it for wrong reasons. Like you could ask sarcastically how is it going in the bottom of the bear market and point at anything.
If you look at erc20 or bep20 tokens, and compare them to erc721 tokens, over 99% of all of them are worthless now. There are just more erc20 or bep20 tokens.
So how are NFTs done but altcoins not?