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Author Topic: Is NFT still hot???  (Read 1220 times)
tiaranft (OP)
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May 13, 2021, 01:21:12 PM
 #1

I have been following NFT for a while and have noticed that the emergence of some animal coins has disrupted the market. Will the market be more stable in June?
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May 13, 2021, 01:57:10 PM
 #2

What do you mean by animal coins? Are you referring to all those meme coins ? Well they have no real use case so after bull market they will always be useless, NFT is very useful both for ART and in game payments so yes NFT is still very hot right now

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May 13, 2021, 02:03:48 PM
 #3

I think on this NFT trend has End becouse from two Month i don’t heard anything more about Non Fungible token also not come any Hot news about NFT on crypto Market but now Meme Coin is more Trending topic on the market. Now it is time of Memecoin.       

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May 13, 2021, 02:22:25 PM
 #4

It's on the downtrend and would be for some months now. Now is the time to research about the good NFT platforms and invest in them in cheap price. Don't just jump in just because they are cheap and you've heard about them. Give time to learn about what they are and what they want to achieve and how that path would benefit the price of the token. It's just the right time to enter NFT market.


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May 13, 2021, 02:22:57 PM
 #5

This period of time is because Doge coins and shib coins have affected the market and caused funds to be dispersed, but I think NFT will definitely break out, probably around July.
As long as the bull market continues, the NFT market will definitely be hot.

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May 13, 2021, 02:55:37 PM
 #6

I have been following NFT for a while and have noticed that the emergence of some animal coins has disrupted the market. Will the market be more stable in June?

I believe you are referring to the memecoins that are all over the NFT market since last few days. This is temporary and people are just trying to make money while dogecoin is hot. NFT market will not stay stable for a long time so if you want to jump in, the time is right.

But if you wait to see the market matures, that may never ever happen. When people will understand that they are buying from bullshits to craps in the name of NFT, the market will die automatically. Possibly before 2021 ends!

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May 13, 2021, 02:58:42 PM
 #7

I have been following NFT for a while and have noticed that the emergence of some animal coins has disrupted the market. Will the market be more stable in June?
It will likely more stable in the next month but no guarantee for this to happen consider NFT is not so hot as it was last month.
The market totally depend with the bitcoin. If bitcoin can recover its price again and you will be seeing the market becomes stabilize.
The NFT trend just temporary.
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May 13, 2021, 04:00:29 PM
 #8

What do you mean by animal coins? Are you referring to all those meme coins ? Well they have no real use case so after bull market they will always be useless, NFT is very useful both for ART and in game payments so yes NFT is still very hot right now
I don't have too much faith in memecoin. I just followed dogecoin recently.
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May 13, 2021, 04:10:27 PM
 #9

I think on this NFT trend has End becouse from two Month i don’t heard anything more about Non Fungible token also not come any Hot news about NFT on crypto Market but now Meme Coin is more Trending topic on the market. Now it is time of Memecoin.       
I just have faith in dogecoin because I have faith in Elon Musk. Other memes don't have the conditions or information to dig deeper. Can you recommend some potential memes?
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May 13, 2021, 04:20:57 PM
 #10

It's on the downtrend and would be for some months now. Now is the time to research about the good NFT platforms and invest in them in cheap price. Don't just jump in just because they are cheap and you've heard about them. Give time to learn about what they are and what they want to achieve and how that path would benefit the price of the token. It's just the right time to enter NFT market.
I also hope NFT helps to come closer to life. It would be great if everything in life could be digitalized and verified with just one click
Can you share the cheap and good nft bets you are following?
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May 13, 2021, 04:28:20 PM
 #11

This period of time is because Doge coins and shib coins have affected the market and caused funds to be dispersed, but I think NFT will definitely break out, probably around July.
As long as the bull market continues, the NFT market will definitely be hot.
I also expect the NFT market to heat up again. I love NFT's potential for life. It takes a long time to do that, but as long as NFT is hot again, anything can happen
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May 13, 2021, 04:35:06 PM
 #12

I have been following NFT for a while and have noticed that the emergence of some animal coins has disrupted the market. Will the market be more stable in June?

I believe you are referring to the memecoins that are all over the NFT market since last few days. This is temporary and people are just trying to make money while dogecoin is hot. NFT market will not stay stable for a long time so if you want to jump in, the time is right.

But if you wait to see the market matures, that may never ever happen. When people will understand that they are buying from bullshits to craps in the name of NFT, the market will die automatically. Possibly before 2021 ends!
I think 2017 and 2018 are the beginning and preparation for everything about the NFT platform to be perfected. Is there any miracle for NFT while cryptocurrency is so much more popular?
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May 13, 2021, 04:47:29 PM
 #13

I have been following NFT for a while and have noticed that the emergence of some animal coins has disrupted the market. Will the market be more stable in June?
It will likely more stable in the next month but no guarantee for this to happen consider NFT is not so hot as it was last month.
The market totally depend with the bitcoin. If bitcoin can recover its price again and you will be seeing the market becomes stabilize.
The NFT trend just temporary.
There is a lot of blood in the market today. I hope everything will be better next week. I expect BTC can reach 100K in the near future after the drop of more than 12% today.
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May 13, 2021, 05:02:34 PM
 #14

I have been following NFT for a while and have noticed that the emergence of some animal coins has disrupted the market. Will the market be more stable in June?
It will likely more stable in the next month but no guarantee for this to happen consider NFT is not so hot as it was last month.
The market totally depend with the bitcoin. If bitcoin can recover its price again and you will be seeing the market becomes stabilize.
The NFT trend just temporary.
There is a lot of blood in the market today. I hope everything will be better next week. I expect BTC can reach 100K in the near future after the drop of more than 12% today.
In my opinion in the last two days the market has actually experienced a pretty drastic price decline because usually on Sundays the market has experienced a price correction towards an increase, but it is different this week where the majority of altcoins and even bitcoin have decreased in price in the market the impact of the decision taken by Tesla (Elon Musk) to cancel the company's policy of buying electric cars with Bitcoin? citing concerns over the rapid increase in the use of fossil fuels for Bitcoin mining and transactions, because previously positive sentiment towards bitcoin occurred as a result of Tesla's decision to buy around US $ 1.5 billion in Bitcoin and then announced the acceptance of the purchase of Tesla cars using bitcoin and consequently the price of bitcoin. experienced a high enough increase.

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May 13, 2021, 05:57:31 PM
 #15

I have been following NFT for a while and have noticed that the emergence of some animal coins has disrupted the market. Will the market be more stable in June?

Everyone is so much optimistic for June as Binance NFT platform will be relased in that month which might boost up the NFT market again. TBH, crypto market's always been on new type of trend and memecoin is the ongoing trend as of now. But this trend won't last long as vitalik Buterin already made an hard actions into these type of coins. But NFT is just on the early stage and it'll eventually fuel up for the moon just like DeFi market.

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May 13, 2021, 06:02:32 PM
 #16

It's on the downtrend and would be for some months now. Now is the time to research about the good NFT platforms and invest in them in cheap price. Don't just jump in just because they are cheap and you've heard about them. Give time to learn about what they are and what they want to achieve and how that path would benefit the price of the token. It's just the right time to enter NFT market.
I was thinking the same like you. I think one big news from NFT market and the hype is back. Maybe investing now in ECOMI can be a good option since the price has gone down and the potentional is really big.
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May 14, 2021, 01:40:48 PM
 #17

I have been following NFT for a while and have noticed that the emergence of some animal coins has disrupted the market. Will the market be more stable in June?
It will likely more stable in the next month but no guarantee for this to happen consider NFT is not so hot as it was last month.
The market totally depend with the bitcoin. If bitcoin can recover its price again and you will be seeing the market becomes stabilize.
The NFT trend just temporary.
There is a lot of blood in the market today. I hope everything will be better next week. I expect BTC can reach 100K in the near future after the drop of more than 12% today.
In my opinion in the last two days the market has actually experienced a pretty drastic price decline because usually on Sundays the market has experienced a price correction towards an increase, but it is different this week where the majority of altcoins and even bitcoin have decreased in price in the market the impact of the decision taken by Tesla (Elon Musk) to cancel the company's policy of buying electric cars with Bitcoin? citing concerns over the rapid increase in the use of fossil fuels for Bitcoin mining and transactions, because previously positive sentiment towards bitcoin occurred as a result of Tesla's decision to buy around US $ 1.5 billion in Bitcoin and then announced the acceptance of the purchase of Tesla cars using bitcoin and consequently the price of bitcoin. experienced a high enough increase.
BTC has bounced back. This drop just gives the sharks a chance to collect more. Although Elon Musk announced that he no longer accepts BTC payments, he spent billions of dollars embracing more BTC. The controversy between two fans of BTC and Doge helped Doge get more attention and increase in value.
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May 14, 2021, 01:52:45 PM
 #18

I have been following NFT for a while and have noticed that the emergence of some animal coins has disrupted the market. Will the market be more stable in June?

Everyone is so much optimistic for June as Binance NFT platform will be relased in that month which might boost up the NFT market again. TBH, crypto market's always been on new type of trend and memecoin is the ongoing trend as of now. But this trend won't last long as vitalik Buterin already made an hard actions into these type of coins. But NFT is just on the early stage and it'll eventually fuel up for the moon just like DeFi market.
The market expected the return of NFT in June too much. Artists also use NFT for their products as a way of demonstrating their talent. With the acceptance of artists, it is too easy for NFT to come to life with millions of their fans.
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May 14, 2021, 05:46:51 PM
 #19

I am pretty sure that NFT was the "big deal" in crypto world for a few months before all these apes and shibas and doges all emerged and became huge, that is understandable and it is true as well because it really happened that way. However I also believe that there is an element of NFT not being a profitable busines in the long term and that is one of the deals. Obviously speaking we are not going to see a ton of changes in NFT world soon because they were basically not going to keep going like that it was always impossible.

People were giving thousands of dollars into gifs, did anyone really believed that it could continue like that? I was just expecting it to drop at any time. This was the same thing that happened during cryptokitty period, people spent insane amount of money to buy kitties and breed them and create the most expensive one, and eventually most of them started to worth less than gas fee.

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May 14, 2021, 08:37:50 PM
 #20

Quite, that's what I can say about NFTs. With all of those animals and moon coins, they're taking the highlight instead of the NFT that has been there quite a while.

Will the market be more stable in June?
What kind of stability you're asking? the market has always been volatile and it's not that stable most of the time. You do expect it to be stable then that would only last for days.

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