NFT has fallen from heaven to hell—trading volume peaked at $17 billion in January 2022, then plummeted over 95%. However, there are recent signs of reversal: CryptoPunk 3100 was sold for $16 million, and blockchain gaming/Metaverse applications are gradually becoming mainstream.
Core Differentiation:
Optimists: NFTs are shifting from pure speculation to real applications (games, identity verification, property certificates). STEPN CEO emphasizes “utility is the key, pure price speculation is a dead end.”
Cautious faction: 99.9% of NFT projects are junk, only selected top collections are worth looking at.
Bears: NFTs have never been an investment, just a gambling tool, much like the GameStop meme stock — you make money by luck, but the probability of losing money is much higher.
Investment or speculation? This is key. Those with real application scenarios may survive, while the wave of pure auctioning to show off wealth will not return.
Is anyone still holding NFTs in 2024? Share your experience.
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Can NFTs still be invested in 2024? Experts have rebutted this.
NFT has fallen from heaven to hell—trading volume peaked at $17 billion in January 2022, then plummeted over 95%. However, there are recent signs of reversal: CryptoPunk 3100 was sold for $16 million, and blockchain gaming/Metaverse applications are gradually becoming mainstream.
Core Differentiation:
Investment or speculation? This is key. Those with real application scenarios may survive, while the wave of pure auctioning to show off wealth will not return.
Is anyone still holding NFTs in 2024? Share your experience.