NFT hype is over, next hype please

[tyz]

That was a pretty short hype, but you can state that the NFT hype is over. This can be measured most clearly by the prices for NFT projects and NFT tokens. If you take Chilliz, for example, the price has collapsed by 75% from the high. In comparison, Bitcoin is currently valued around 45% lower from its high.

NFT hype is over, what do you think will be the next hype to prepare for?

[Flowzer]

That was a pretty short hype, but you can state that the NFT hype is over. This can be measured most clearly by the prices for NFT projects and NFT tokens. If you take Chilliz, for example, the price has collapsed by 75% from the high. In comparison, Bitcoin is currently valued around 45% lower from its high.

NFT hype is over, what do you think will be the next hype to prepare for?

I bet PoS project maybe will be the next hype, the last mention from Elon that he need a environmental friendly cryptocurrency coin could be a clue for it.
For my bet, i pick EOS.

[speedforce]

That was a pretty short hype, but you can state that the NFT hype is over. This can be measured most clearly by the prices for NFT projects and NFT tokens. If you take Chilliz, for example, the price has collapsed by 75% from the high. In comparison, Bitcoin is currently valued around 45% lower from its high.

NFT hype is over, what do you think will be the next hype to prepare for?

This NFT hype could rise back soon when the Bitcoin price got bullish, I believe this NFT bussiness is one of a tools to do money laundery so it will be hype again soon.
For the next hype, it could be back to DeFi hype maybe. I see theres so many new Dex on BSC Platform...

[hugeblack]

We can't judge it's over, but it's not as popular and insane as it was a few weeks ago.
The market needed a correction period, so it is not unlikely that we will return to the previous levels and break them, but not all currencies will succeed in breaking those peaks.

Even ICO/IEO/HardFork has a little noisy, but it's getting cold.

[livingfree]

Blockchain games? they've been there since years ago but only a few gained that much attention from everyone. Like Axie Infinity and the other, that's starting to become known is My Defi Pet.

I still haven't played any of those nor invested but I'm planning my strategy of getting in first to Axie Infinity. That daily SLP reward is quite good if collected every day.

That's just based on my strategy plan. It may look good to me but not for others.

[cabron]

It's not yet over. An Italian artist even sold a statue art that's invisible for $18000. Most artists to come I guess the celebrities haven't yet come out. I remember there is a thread here about Paris Hilton wearing laser eyes which her tweet was related to NFT. We have to wait first for the celebrities to join and release their own. And also there are still new NFT projects coming out with new concepts actually. Its not going away just like DEFI.

[crzy]

NFT games are still kicking and doing their best to stay still, there might be some dip on hyped NFTs but its good that we have a great project for NFTs. NFT art might be on a big hype before but I don't think its over already, it just happen that the market is going into bear trend but if its a good NFT I believe it still worth holding for.

[Reid]

Hype is over but it doesn't mean it ended the story.
They are still there and some projects are still doing great up until now.
I also doubt there will be a new hype anytime soon with people still crazy about playing NFT games and collecting cards.
They will still be busy about it and may not notice even when something new arrives.

Instead of a new hype what do we expect will happen with our old cryptocurrencies? Bitcoin and Ethereum.
I bet investors will be going back buying them considering a chance of a pump with NFT's in a calm situation.

[cryptoaddictchie]

NFT hype is over, what do you think will be the next hype to prepare for?

What reference you have for this? I dont think NFT hype is over and its just getting started. There are more upcoming fundamental news that will surely make nft a top hit crypto sidelime again. If you knew Binance will launch its nft marketplace and this means a lot on nft industry and projects. Im sure there will be some hype created over this when they launch this month.

[Johnyz]

NFT hype is over, what do you think will be the next hype to prepare for?

What reference you have for this? I dont think NFT hype is over and its just getting started. There are more upcoming fundamental news that will surely make nft a top hit crypto sidelime again. If you knew Binance will launch its nft marketplace and this means a lot on nft industry and projects. Im sure there will be some hype created over this when they launch this month.

This is the most anticipated NFT marketplace, we all know the hype on getting listed on Binance, I'm sure it will become big despite of the market condition right now. NFT hype is over for the shit projects but if its good, updates will come to attract more investors, and not just a pure hype. You have to look for good NFTs now.

[southerngentuk]

I see it's only just begun, and I have faith that this trend will continue to explode in the near future when major brokers offer services for this field.

[Fundamentals Of]

I also observe that the hype has already settled down. But it doesn't mean that NFT as a specific cryptocurrency category is already over. Hype will only create a lot of poor versions of that which has become popular or that which started it all. It is always good to just wait for the hype to die down. That also means the risk has been lowered down as well. Those that will remain after the hype is over are the ones which could be considered the credible projects. This is true in all other hypes.

[indo1]

I think it has not, because NFT is also a new concept that I think is too short to say that the NFT trend is over, because lately the best NFT project will be launched soon, as well as in my country, plus in this month will be coming soon NFT market in binance I think this is the hype of NFT, until now we are still running it.

[Raytheon]

NFT hype is over, what do you think will be the next hype to prepare for?

Cross-chain/multi-chain will be the next hype. AMM platforms with cross-chain swap ability will rise.

PS: I don't think NFT hype is over yet. Just wait until Jun 24th to see Binance releases its NFT market place. NFT niche now is a mess and Binance's market will unite it.

[hd49728]

That was a pretty short hype, but you can state that the NFT hype is over. This can be measured most clearly by the prices for NFT projects and NFT tokens. If you take Chilliz, for example, the price has collapsed by 75% from the high. In comparison, Bitcoin is currently valued around 45% lower from its high.

NFT hype is over, what do you think will be the next hype to prepare for?

I don't think it is over, the hype will return again with Binance NFT market. Introducing Binance NFT, A Groundbreaking NFT Marketplace Launching June 2021

Bitcoin will have another all time high. I don't know when but it won't be the next 4 years. It can happen in next 5 months or next 7 months. NFT market and NFT hype can not return if Bitcoin won't make its new all time high or minimally come back to $50k to $60k.

[sedahan13]

Too early to say NFT hype is over, because NFT project is much better than memecoin. Many of NFT project has use case and given alot of benefits to many different industry, like Gaming, Digital art, animation and others. Content creator  get alot of benefits from this technology because they can create NFT and sell it to the public. With more use case, the total of marketcap for NFT coins will increase rapidly.

[GreatArkansas]

NFT hype is over because of the huge dump we experience lately?
I don't think so, if you also take a look at Decentralized Finance (DeFi), they are almost the same situation now. But we just saw Decentralized Finance (DeFi) early appearance in the crypto market.
I can't say it is over now.

[richcorner100]

Currently all altcoin dumped, but that not mean NFT hype over. I think trend of NFT and DEFI is just beginning. All altcoin dumpep, actually just corection and we will see next altcoin season coming. NFT and DEFI is new product on crypto market and these given alot of benefits to the many people to gain income online.

[Oasisman]

Blockchain games? they've been there since years ago but only a few gained that much attention from everyone. Like Axie Infinity and the other, that's starting to become known is My Defi Pet.

I still haven't played any of those nor invested but I'm planning my strategy of getting in first to Axie Infinity. That daily SLP reward is quite good if collected every day.

That's just based on my strategy plan. It may look good to me but not for others.

Axie infinity has become a thing now as there were a lot of investors expanding their investments by offering scholarships for those who can't afford stronger axies.
I think the next hype for NFT will be more focused on blockchain games than those expensive digital arts.
 And you're right, My Defipet has been catching some attention for the late comers in the Axie Infinity game.

I might say, it's too early to say that the NFT hype has cooled down. Let's wait till the market recovers.

[HardCore12V]

Is that what you see OP? To me altcoin season is over and NFT, DeFi and meme coins will suffer alot in coming weeks, everyone should get ready for the bloodbath and wave goodbye to bull season, I can't deny the fact that NFT is one of the most useful use case I know