NFT Trend Can Go For Long?

[noah tall]

Hello Guyz,
Hope All Is Doing Well, As You all Know Binance, the world top best Cryptocurrency Exchange is going To Launch NFTs market place soon In Upcoming Weeks. So Whats Your Opinion that NFTs Can become trend and this trend can go for Long in 2021?

[killerfrost]

Not only binance is doing this, but I also see that there are a number of exchanges that are also promoting the development of this field. I think its hype period has abated and is now a serious expression of the projects that want to pursue it, and to me this is part of the market.

[OcTradism]

Hope All Is Doing Well, As You all Know Binance, the world top best Cryptocurrency Exchange is going To Launch NFTs market place soon In Upcoming Weeks. So Whats Your Opinion that NFTs Can become trend and this trend can go for Long in 2021?

NFT trend will die faster than the DeFi trend. It is simply a greed trend and worse than DeFi trend.

DeFi trend brings many DeFi platforms to help people move, swap their cryptocurrencies quickly and decentralized. At least they have really good usecases and good DeFi projects will last for long. NFT trend brings overvalued sell products and the pockets of people will not full forever. They will stop spending big money for NFTs since that this trend will die as well as derivative NFT projects.

[bitbollo]

Market is changing and there is the first signal that "the party is over"
https://news.bitcoin.com/study-shows-nft-sales-plummeted-90-nft-wallets-dip-70/

According to a recent study, non-fungible token (NFT) sales have dive-bombed 90% since the market’s record sales on May 3. Market data shows over 130,000 NFT sales that day and 30 days later sales are down to a touch over 84,000, dropping more than 35% last month.

After the last deep diving of bitcoin price we have seen NFT market have a good reaction but it seems it's already over.
https://cointelegraph.com/news/nft-volume-has-more-than-tripled-even-amid-price-crash-as-meme-com-raises-5m

Personally, despite I have some NFT (including cryptokitties and austrian crypto stamps) I am not sure this is a "endless growing" industry.
https://bitcointalk.org/index.php?topic=5320935.0;topicseen

[pinoycash]

Hello Guyz,
Hope All Is Doing Well, As You all Know Binance, the world top best Cryptocurrency Exchange is going To Launch NFTs market place soon In Upcoming Weeks. So Whats Your Opinion that NFTs Can become trend and this trend can go for Long in 2021?

Its the biggest bubble among them all, NFT doesnt make a real sense.

its better to invest in real crypto assets than NFT that get its value out of thin air.

[ziyaaa]

Yes, I think that this trend will go on highly thanks to Binance. I've heard some news that NFT sales have gone down at a very high rate. But Binance can boost this market again.

[bitkanu]

Im not sure about that caused by the NFT sales already gone down so hard. This may affect the NFT market that will be launched by binance. It will be still working properly but it will got less demand compared with when the time NFT became crazy.
The launch of binance market will not make the NFT becomes massive trend again. People already familiar with it and it will become a common market for any NFT creator.
It may make the binance users will able to use NFT easily.

[Bohdan820]

NFT it seems to me have already passed their HYIP further it will only subside. There are still a lot of minuses in nft, so I'm not interested in this yet.

[cryptoaddictchie]

Hello Guyz,
Hope All Is Doing Well, As You all Know Binance, the world top best Cryptocurrency Exchange is going To Launch NFTs market place soon In Upcoming Weeks. So Whats Your Opinion that NFTs Can become trend and this trend can go for Long in 2021?

Im sure all nft projects during their launch will be trending. All those big names such as rarible, ghst, and other nfts will be talk of the town. Im not sure hpw the nft market place will be look like and the system they will offer but if its hype then all nfts will become good project to buy. Binance know what their doing and probably they knew this would become a thing on crypto industry.

[passwordnow]

Hello Guyz,
Hope All Is Doing Well, As You all Know Binance, the world top best Cryptocurrency Exchange is going To Launch NFTs market place soon In Upcoming Weeks. So Whats Your Opinion that NFTs Can become trend and this trend can go for Long in 2021?

It will be the same as the spot trading that we're seeing on Binance and as well as the futures trading. I'm not expecting a lot from it because the market from it lately became not impressive anymore. But as Binance brings it, they're for sure going to give significance and contribution to its market. Are you going to invest with any NFT that will be on Binance's market place? if you say so, choose wisely and only invest to those NFTs that you have done your research.

[Samayuki]

NFT trend can last longer because of its use case, everything around NFT makes lot of sense compare to meme coins that are currently trending today, many investors don't even understand what they are doing that's why they are investing in meme coins, lot of investors know the importance of real use case

[TeQuiero]

NFT isn't on trend yet until Binance releases its NFT market on June 24. The easier people can earn money from NFT, the longer it lasts. However I have a feeling that NFT won't be as hot as DeFi. DeFi trend helped diversify and classify crypto market into various ecosystems, such as Etherum, Binance Smart Chain, Solana, Polygon... Whereas, NFT is more likely a piece lego to complete them.

[JeffBrad12]

I didn't even see if the hype can sustain even longer more than a few quarters. I see that based on my experience with the defi, masternodes and various hype that already ended in crypto.
That being said that if this trend will not be so long. It may already ended but we can see that based on the new report of NFT sales activities in the market. Binance may help it to get FOMO but it will not be so easy as you said.

[Digital_Lord]

There are many exchange that launching NFTs Market. Binance the top exchange is also announcing about NFTs Market. NFT will soon become trend and will remain for a long time. NFTs markets are doing goods nowadays.

[bekti3]

I don't really know how the NFT system works as a whole, so I'm still trying to learn how NFT is so widely adopted by various exchanges. As far as I know, the emergence of NFT is only to be used as proof of artwork certification, the rest I will study it.

[Billo_]

NFT will need to prove, if it's really useful and if not, it will give some huge price dumps.
Like all new tech, some parts of it will be successful, but most parts are very likely unsuccesful parts.

[Almasani]

Hello Guyz,
Hope All Is Doing Well, As You all Know Binance, the world top best Cryptocurrency Exchange is going To Launch NFTs market place soon In Upcoming Weeks. So Whats Your Opinion that NFTs Can become trend and this trend can go for Long in 2021?

I think NFT's chances of success right now are huge compared to others. Because many exchange platforms have enabled this feature. And this is becoming a new trend for crypto. I think every trend that is present has a chance for success for its developers.

[btcltcdigger]

Hello Guyz,
Hope All Is Doing Well, As You all Know Binance, the world top best Cryptocurrency Exchange is going To Launch NFTs market place soon In Upcoming Weeks. So Whats Your Opinion that NFTs Can become trend and this trend can go for Long in 2021?

NFT trend is already slowing down. Sure, it has it's ups and downs, but generally, money's in the NFT related projects, not NFT-s themselves.

[Coyster]

Hope All Is Doing Well, As You all Know Binance, the world top best Cryptocurrency Exchange is going To Launch NFTs market place soon In Upcoming Weeks. So Whats Your Opinion that NFTs Can become trend and this trend can go for Long in 2021?

The thing is that when Binance launches this marketplace for NFTs, it'll cause more hype and trend for NFTs, but the thing is if the hype can be sustainable/last for the long period, I prolly don't think it'll last long just like DeFi and how it quickly created many scams and hacks, but nonetheless the marketplace is going to be productive for Binance and that's for sure, but as for the NFT projects, they'll prolly be short term projects.

[dautuonline]

I personally do not find NFT attractive for investment. It makes little sense in a few small apps that are inflated with exaggerated words.
Other than the DeFi market . What is related to NFT will soon end quickly. If it takes time to prove I believe it only takes 3 months to know the final results.