I've been observing the NFT market for quite some time and it's clear that we're currently in a bearish phase. As we all know, the value and demand for NFTs have seen significant downturns recently. However, markets are cyclical, and it's only a matter of time before we witness an upward swing.
I'm initiating this discussion with the title "How long do you think the NFT bear market will last?" to understand your perspectives on the current market conditions. I'm keen to hear your forecasts about the duration of this downturn and what indicators you believe will signal the start of a bull market.
Whether you're an NFT investor, digital artist, blockchain enthusiast, or simply interested in the phenomenon, your input is valuable. This is a speculative topic, so please, feel free to share your thoughts, reasoning, and any data or trends you think are relevant.
Looking forward to a lively and enlightening discussion. Please post your responses below!
Top comments (1)
My prediction is that we will never see another golden age of NFTs. Betamax has more utility today.