OpenSea's overall matrics looks pretty bad
can also roughly reflect the state of NFT, the trend isn't coming back, there might be several occasional big NFT coming out but I won't expect the overall NFT hype to be as big as it was back then, the thing is, NFT already labeled so bad after the previous NFT market crash, people also too fixated on speculating meme, lower entry barrier and faster money circulation.
I don't even know who still trades NFT these days.
can also roughly reflect the state of NFT, the trend isn't coming back, there might be several occasional big NFT coming out but I won't expect the overall NFT hype to be as big as it was back then, the thing is, NFT already labeled so bad after the previous NFT market crash, people also too fixated on speculating meme, lower entry barrier and faster money circulation.
I don't even know who still trades NFT these days.
Nft's were the tech version of the Beanie Baby collectibles fad. No one knew why they were valued so highly and after becoming the hottest new thing quickly plummeted to worthlessness after people realized they had invested in trash.Then, like much any pump and dump scheme, it was a scramble for everyone involved to sell as quickly as possible before everyone realized what they had paid big money for was completely worthless
. These days ain't lot a stick around with or to invest their money in such ponzi scheme and I don't see the potentiality that Nft's will comeback in market sadly after it ruined the people's trust.