The trend of blockchain technology over the past year is undoubtedly NFTgoods. NFTs, also known as “immutable tokens”, caught the attention of almost everyone. In fact, NFT markets have reached billions of dollars in size. However, the latest analysis shows that there is a major bottleneck and even collapsing in the NFT world. So much so that NFT sales since September 2021 92 percent it’s downstairs…

According to research from a website called NonFungible, daily NFT activity was approximately 225,000 in September 2021. The number of daily NFT sales in the first week of May 2022, up to 19 thousand turned down. The number of active wallets used to store NFTs decreased by 88 percent† NonFungible also examined the data in Google Trends and announced that users’ NFT searches have decreased by 89 percent since January 2022.

Why has interest in NFTs, even supported by governments, suddenly waned?

NFTs are made not only by cryptocurrency investors but also by world famous names. governments even attracted attention. Ukraine, for example, has a war with Russia to raise funds. NFT project explained† The United Kingdom, on the other hand, announced its decision to create a special collection. Turkey, billionaire businessman Elon Musk donated NFT† To reproduce these examples possible† So why is interest in NFTs declining?

To be fair, it is not possible to say anything clearly about the decline in NFT’s popularity. However, the number of people who do not believe in this technology is not small at all. Example Elon Musk† Although the Tesla boss is an avid crypto advocate, he continued to joke about NFTs. Even for NFTs”nonsenseElon Musk said, encouraging small investors. can continue to influence resembling…