NFT ecosystem attempts a bounce back amid bearish market sentiment

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The NFT ecosystem is showing signs of a comeback! Is it the right time to invest or wait and watch?

However, current market sentiment — calculated based on volatility, trading volume, social media and Google trends — remains cold as investors try to recoup their previous losses.NFT marketplace OpenSea launched the OpenRarity protocol to verify the rarity of NFTs within its platform.

The protocol aims to provide a reliable “rarity ranking” that would assist investors when considering purchasing NFTs.

 

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Who needs NFTs now? I don't think it's relevant anymore.

Should I invest in NFT now?

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Does anyone still remember about NFTs?

What's the point of buying a jpeg?

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Facebook, Instagram, Reddit, Starbucks, and more have partnered with Polygon recently to integrate NFTs into their platforms, so im more than confident that NFTs will be making a comeback

who is still buying this stuff?

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There is never a wrong time to DCA in a good project or a high-quality NFT. If you have done a good research, did your own due diligence, understand well the technology behind it and the team backing it up, there is a high likelihood you will benefit from such an investment.

Hell nah not touching nfts for a long while still. Hell I don't even know if Bitcoin itself is dying or not lol

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