If am not mistaken, I know how NFT was booming in the crypto industry in the year 2022 their about, and considering all the hypes about it, I initially thought that by now, most NFT would be competing with most of these top crypto asset, but fast forward from that time to now, you can bearly hear of NFT in the crypto market, or is that they were over hyped, or it was just a means to make money then?
I don't really knows what happens to the NFT market but I am just curious to the stunt in growth of NFT and what really happens.
People finally have started understanding that NFTs do not hold any real value. So whatever buzz it was able to create a couple of years back, is dead. People who have spent millions of dollars on a stupid looking monkey face, are facing financial losses.
The whole idea of NFT was stupid from the very beginning. Those who were able to ride the tide, made some money but most of the other people lost money. It was a form of pure gambling. I am glad that it's dead now.