According to TechFlow, on August 9, Coingecko's latest survey showed that 54.1% of cryptocurrency participants expected that the current NFT market would not recover.

Among them, 29.5% of respondents strongly believe that NFT will not recover in the current cycle, and 24.7% are mildly bearish.

Another 26.4% of participants were neutral on the NFT market, and only 19.4% of cryptocurrency participants were hopeful that NFT would pick up in this cycle.