Has the bubble burst or is the market maturing?

Has the bubble burst or is the market consolidating? And if the third method is correct, is the fact that bubble bursting leads to coherence within a sudden shift as much as it is deterministic? The topic is that NFT A stone’s throw is the Wall Street Journal: According to the official newspaper, in fact, The market for non-fungible tokens would literally ‘collapse’ And this word certainly does not suggest anything good for those who have bought tokens of this type and imagine how to bring them back to the market for speculative purposes.

The data reported is astounding: the pace of sales of NFTs has reached its share -Ninety two%, which is a trivial part compared to the dynamism recorded in recent months. The truth is that sales seem to be concentrated on low-value assets, which are liquidated at a discount in order to accumulate coins to invest in the more popular assets. one more time It’s the bored monkey’s “premium chips” that score the biggest orders and keep the value.

Is the market consolidating, in short, or are we facing a bubble bursting? Between the lines: Is it time to escape or is it time to invest?

NFT: Maturity collapse?

The Wall Street Journal data is disputed first and foremost on merits, suggesting new perspectives that overturn the prosecution’s assumptions to illustrate how activism around NFT never fails:

Assuming the same starting data, there are those who instead assume a different reading. Forbes’ judgment in this regard, for example, is certainly lower tranchant Compared to WSJ: The bubble didn’t burst, or at least if it did, it did without damage. The market is simply maturing, it has reached its equilibrium after the traditional initial excitement and now it will have to look for clearer regulations and greater balance in its relationship with cryptocurrencies.

there maturation The market always assumes the same proverb: dead branches disappear, more solid and dynamic realities appear, a legislative framework is sought and the need to remove frauds to generate trust in users is standardized. That’s exactly what’s happening among NFTs, but the crash is bound to make noise in a context that still describes NFTs to the masses as an accessible speculative asset. Someone was left with a bunch of flies in their hand, probably, but this has also happened with many emerging cryptocurrencies and it rarely happens in the more solid world of traditional finance. Risk is inherent in this type of initiative, of course, but awareness is the antidote that allows you to understand the right moment to enter, what method and what potential interest to pursue.

To buy NFT through Coinbase, all you have to do is open a wallet, get an appropriate amount of cryptocurrency and then act. The general trend today has been described by Coinbase itself as follows: “NFT price is down 49.93% in the past 7 days. Price is up 12.51% in the last 24 hoursWhat could have been a moment of panic for those who entered the peak of the boom, could become an opportunity for those who made different choices. Never move without understanding the operating dynamics, however, and without starting from trusted wallets capable of ensuring the security of your crypto assets.

Buying an NFT is not the same as buying a cryptocurrency: the intrinsic value of an asset is unique, it is related to the confluence of supply and demand, the absence of specific exclusivity (the element of scarcity is what reflects its value) and the weakness of investment. Successes such as those of Yuga Labs Bored Ape Metaverse could drive new innovations upward once again, setting the horizon in which the premium for NFT’s investment in the Metaverse will be paid off. Each has its own vision.

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