NFTs were just a big passing craze. They don’t really solve anything do they, they have very limited (if any) utility. They were like the ICO craze of the 2017 bull market. Devs & VCs are usually the only people making money from these type of things. Normies buy the top phase & become exit liquidity, it’s not a new thing. I am really not surprised that NFTs are not popular any more.
Now that trend is gone --- NFTs are ephemeral and no real utility just a few influencers who used to buy tens of thousands of dollars are now the dregs.
Although now the NFT market is not lost and Opensea still provides the market still the enthusiasts are now probably few because it is not valuable anymore.
Some new projects still rely on NFTs but I wonder why no one can break through the hype anymore maybe the era is over.