In the spring of 2022, the cryptocurrency market decided to move against the laws of nature. Trading volumes of non-fungible tokens are moving steadily toward a yearly low. The value of Bitcoin rolled back 80% from its high, and the total capitalization fell below the psychological mark of $1 trillion. A bear market will purge the NFT sector of "passengers" opening up new prospects. Adding a few top NFTs to your portfolio is a good idea, especially if the ecosystem has prospects.
NFT investors are divided into two opposing camps. Some are buying up non-fungible tokens "at discounts" while others are selling their assets in a panic with cries of, "Chief, it's all gone!"A bear market will purge the NFT sector of "passengers" Experts see the drop in trading volumes as some industry filtering. NFT-tokens will not be issued by anyone lazy, hoping to earn at least some money on them.
NFT's were a 2021 hype cycle. Its done and a new narrative will take its place to suck noob into scams. Get bitcoin and lower your time preference.
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