Cherylstar86
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June 17, 2021, 10:25:56 PM |
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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'd love to see how BSC network tokens would be the second one to establish hype in next season. While there's a resistance for bitcoin together with other promising alts, it seems that there's a random outbreak that might happen. For now, we just need to calm down while hoping for the best target that's expected to commence sooner.
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xiboothrezi
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June 17, 2021, 10:57:57 PM |
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Don't be so sure that NFT hype is over yet. Because Binance is on the way to open a NFT market also in this month. I'm expecting it to draw a really big attention of people. But after some time, the hype will be over eventually I think. I think so too. especially so far, the general public is not very familiar with the real function of the NFT, where we know that now many public figures or artists are collaborating with NFT for their work. This is very interesting, especially since the giant Binance is starting to build its NFT ecosystem. With such a large community, it is certain that this Binance breakthrough will make quite a big wave. trends are constantly changing, we must always be prepared to adapt to changes. looks like Nft will still be developing, maybe the connection with the game will be the next trend.
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Kena Banned
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June 17, 2021, 11:03:29 PM |
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Don't be so sure that NFT hype is over yet. Because Binance is on the way to open a NFT market also in this month. I'm expecting it to draw a really big attention of people. But after some time, the hype will be over eventually I think. Its not over, but its not hype anymore since its not much talked as before. I m not sure it will draw big attention anymore, the hype will change to another kind.
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Hannahanto
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June 17, 2021, 11:06:20 PM |
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Dedi is still there to pick up from the last bus stop of NFT . But I literally don't think the season of NFTs are over yet I'll say is due to the fact that the market is bearish that's the reason for the fall of many NFT tokens and they is no much hype currently on any big project because of the bear period but I know this year is bullish and the bulls will take the market soon is just a mater of time, when the market recovers I promise you'll hear more NFT hype.
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nurilham
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Reward: 10M Shen (Approx. 5000 BNB) Bounty
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June 17, 2021, 11:09:13 PM |
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You are too early to claim it, the hype is not ever yet. Determining the hype ends by analyzing the prices of the tokens, is a weak reason, mate. The big drop in NFT token prices can be caused by the huge decline in BTC value. It can increase again along with the increase of BTC price in the next few weeks/months. For me, as long as there are some new NFT projects, the hype isn't over yet.
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G-Money7777
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June 17, 2021, 11:14:15 PM |
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Private Cloud Storage... Except this will be to stay
Opacity, Storj, etc.
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Hypnosis00
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June 17, 2021, 11:16:04 PM |
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NFT hype is over, what do you think will be the next hype to prepare for?
None, the hype will happen again in the next Bullrun. But Maybe, If there is someone like Elon who could shill one of the NFT projects might be possible. Anyway, The market price just dumps, time to buy more coins. We don't just focus on NFT projects as their story was done together with the hypes is over. So for now, it was more desirable to invest those potential altcoins for long-term investment. Yeah, we might wait for another 4 years before the new ATH arrives.
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lalabotax
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BK8 - Most Trusted Gambling Platform
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June 17, 2021, 11:54:30 PM |
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Is that true that the hype of NFT has been over? I am not sure about this because recently Binance also rises up the NFT programs and this will make NFT booming again. We know the power of Binance to make something also hype. But yeah the time will pass by and someday NFT will be over, like Defi and also other types of crypto projects. That is why we must be smarter in utilizing any kinds of chances for taking profits and also chances for obtaining more income from them.
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tokoorochan
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June 18, 2021, 01:02:26 AM |
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Is that true that the hype of NFT has been over? I am not sure about this because recently Binance also rises up the NFT programs and this will make NFT booming again. We know the power of Binance to make something also hype. But yeah the time will pass by and someday NFT will be over, like Defi and also other types of crypto projects. That is why we must be smarter in utilizing any kinds of chances for taking profits and also chances for obtaining more income from them.
we are still in early phase for nft trend, alot of new project now building their nft platform . moreover binance will launched their nft project too, it mean we will get booster again to continue this trend. as long as NFT , DEFI or any type of project still have usecase in crypto market ecosystem, demand will maintain for long term.
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Psynthax
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June 18, 2021, 01:10:17 AM |
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NFT hype isn't over, no publication of someone buying an NFT art for millions of dollar doesn't mean the NFT market is dead, NFT is developing and is in pretty rapid pace. There are many NFT innovations still in development. But i'm really expecting NFT to somehow takeover the gaming world whether by the community making quality decentralized game through the use of NFT or NFT adoption in various gaming sector. The future of NFT looks pretty bright imo, it's just that the market rather showing its real circumstance instead of over glorified NFT art always being shown.
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wajik-tempe
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June 18, 2021, 01:18:36 AM |
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Actually i didn't feel the hype yet, just heard a few news booming like people are talking about the exotic painting from europe become an NFT million dollars worth. This kind of system is so taboo and hard to implement to whole crypto ecosystem. People also think this NFT could become a bubble that's why not many people trying to involved to this hype.
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vlast01
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Dolphins Finance TRUSTED FINANCE
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June 18, 2021, 01:36:37 AM |
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I think the hype of NFT is not yet over just because we are having a bearish market, NFT hype is just starting , there are also lots of new NFT that could blow up in the future when we say the the bullish market comes.
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WalkerIVIV
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June 18, 2021, 01:45:33 AM |
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The next trend was not yet predictable. I guess the DEFI will become the trend that will be last forever. Despite the downtrend that was happening with the NFT and DEFI can still exist in the market and it was doing more and more expansion. NFT is very similar like cryptokitties and this was a short term trend for sure. I guess DEFI and maybe a new innovation that will come soon.
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bluebit25
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June 18, 2021, 02:37:31 AM |
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I don't think this trend is over, and it's still happening. NFT has created its own hype in this market, and there are not many projects that clearly show NFT's role in this market, and in the near future when the completion is more prepared, I think the NFT market will explode again.
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fileo
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Rangers Protocol
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June 18, 2021, 02:52:32 AM |
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I think NFT hype is not over but it is just to begin. If I'm not mistaken there is someone popular exchange is doing NFT market that would be launch within this month or next month. Therefore I guess NFT will about to begin it's Era. I hope less scam NFT.
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lixer
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June 18, 2021, 06:35:26 AM |
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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?
Well, it’s now like a regular thing for community; every new idea that comes into the market gets hyped and after that, they all fade and people stop investing and talking about them again. Well, it’s not like it is completely gone, they are still going to be function, but they are now going to be at the level where they are meant to be. It is a normal thing for new things to get hyped and the hype is what results to the very high value they get. When the hype is over, they fall to the real value that they are supposed to be at. It’s the same thing that happened other ideas that came before NFT.
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inanilujimi
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June 18, 2021, 06:47:27 AM |
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looks to me nft is just getting started. As for the decline that has occurred regarding NFT products, you think it's over, it's only partially, because now many NFT projects are booming when the market falls. for the next hype I don't know, but I will never get carried away by any hype before doing my research first.
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huiji2011
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June 18, 2021, 07:01:49 AM |
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I think the hype of NFT is not yet over just because we are having a bearish market, NFT hype is just starting , there are also lots of new NFT that could blow up in the future when we say the the bullish market comes.
I really really wish you are right actually, how i wish the bullish season still existed, but i am not as optimistic as you are. I think the bull is gone, the NFT hype is gone too, and what the next hype is may be needs 2~3 years later then we would know the answer.
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dhemasm
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Moderator
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June 18, 2021, 07:18:58 AM |
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NFT hype is over, what do you think will be the next hype to prepare for?
I don't think it's over yet, Axie Infinity which offering NFT-Games concept still on Hype especially on my country but yeah the several other NFT Projects experienced a decline. Well from my perspective Decentralized CDN & Decentralized Storage will become the next hype although it has existed for a long time but has not yet reached its peak, Simple example is the current COVID-19 Pandemic where various information is censored, The increase in the use of Aweave Decentralized Storage continues to increase as well as several other projects such as Storj, BTFS.
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Reatim
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⭕ BitList.co
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June 18, 2021, 07:29:18 AM |
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looks to me nft is just getting started. As for the decline that has occurred regarding NFT products, you think it's over, it's only partially, because now many NFT projects are booming when the market falls. for the next hype I don't know, but I will never get carried away by any hype before doing my research first.
NFT has a tons of future mate , and yeah this was just started mate and i believe that in the middle of everything it is still NFT projects will bloom once again. also my groups are looking very positive on these one and they even keeping their holding from NFT network up to date. I don't think this trend is over, and it's still happening. NFT has created its own hype in this market, and there are not many projects that clearly show NFT's role in this market, and in the near future when the completion is more prepared, I think the NFT market will explode again.
yes like every platform this one has a big potential and i can wait to see my holding climbing to more than 3 folds at least.
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