Survey Highlights Divided Opinions on NFT Market Outlook
According to a recent survey by CoinGecko, published on August 18, 2024, sentiments around the recovery of the NFT market are mixed. Around 54% of respondents are doubtful that NFTs will bounce back during the current market cycle. Of these, 29.5% are certain that NFTs wonât recover, while 24.7% remain pessimistic.
Meanwhile, 26.4% of those surveyed take a neutral position, unsure of the market's direction. Only 19.4% of participants still hold out hope for a revival of NFTs in this cycle. Interestingly, builders and market observers are more optimistic about a potential recovery, with 28.9% and 29.1% respectively believing in a rebound. In contrast, only 17.1% of investors and 20.9% of traders share this positive outlook.