Are NFTs dead or alive? đŒ
Trends are changing. NFT search interest dropped 82% by early 2024, and their value has fallen 90% since the 2021 peak.
Despite significant declines, the NFT market cap and trading volume increased early in 2024 before stabilizing. Sales fell from $4.14 billion in Q1 to $2.32 billion in Q2 đ
One of the most important new utilities of NFTs is the strong and well-known community behind the collections, and the desire of projects to get cheap PR by giving airdrops to the members of these communities.
The focus of market participants is shifting from quick gains to sustainable value and potential "yield" that NFTs can bring as an asset. Calling the NFT market dead is premature and untrue âșïžâ
Three NFT collections with a lot of potential airdrops coming to its holders:
âą A relatively cheap one: Wassieverse
âą Mid-tier price: SchizoPosters
âą Expansive: Mad Lads
