What Happened to NFTs? 📉💥
Remember when NFTs were selling for millions? Celebs were dropping collections, and Twitter was full of apes and punks. Fast forward to now — and the hype has slowed down hard.
So… what happened?
🔻 Oversaturation – Too many low-quality projects, not enough utility.
🔻 Hype Over Substance – People bought art, not tech. No long-term value = no long-term holders.
🔻 Market Correction – Like all trends, what goes up must cool down.
🔻 Gas Fees + Scams – High costs and rug pulls scared off newcomers.
But here's the truth:
👉 The tech is still powerful. NFTs = digital ownership. Gaming, ticketing, identity, real estate — the real use cases are still evolving behind the scenes.
So no, NFTs aren’t dead.
They're just growing up.