Investorideas.com

Call 800 665 0411 to learn about our services

Search   Follow Investorideas on Twitter   Investorideas is on Facebook   Investorideas is on Youtube   Investorideas is on Pinterest  Investorideas is on stocktwits   Investorideas is on tumblr   Investorideas is on LinkedIn   Investorideas Instagram   Investorideas Telegram   Investorideas Gettr   Investorideas RSS



Share on StockTwits

Interest in NFTs Falls to Its Lowest Point Ever at 14

 

August 31, 2022 (Investorideas.com Newswire) According to data from StockApps.com, interest in NFTs fell to its lowest point ever at 14 in the fourth week of August. This is a stark contrast to the interest in NFTs earlier this year, which reached its peak at 100 in the last week of January.

Speaking on the data, Edith Reads from StockApps said. NFTs have been one of the most talked about topics in the investing world for the past few months. However, it seems that interest has waned significantly. The crypto meltdown could be one reason why interest has decreased, as many people lost money in the market crash. It's also possible that the novelty of NFTs has worn off. However, it's still early days for NFTs; thus, interest may pick up again in the future.".

Are Nfts Still Significant?

The NFT market remains significant in the context of the geopolitical crisis despite the general decline in interest. For instance, to maintain its military effort, Ukraine is actively gathering money through its NFTs. It released its assortment of NFT for this reason. Besides, a charity platform called "Ukraine's Angels" and an NFT collection in support of Ukraine were previously introduced by the Ukrainian blockchain developer ElephantsLab.

NFTs' Future

The current situation presents an opportunity for long-term investors. The market will most likely become more stable in the future as more industries adopt NFTs and people get a better understanding of how they work.The full story and statistics can be found here: Interest in NFTs Falls to Its Lowest Point Ever at 14

More Info:

Investorideas.com Newswire

This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders


Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.

More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp


Follow Us on StockTwits






News and Research for Bitcoin, Blockchain, Digital Currency Stocks and ICO's

Get more Bitcoin, Blockchain, Digital Currency stock investor ideas - news, articles, podcasts and stock directories

Buy a crypto guest post on Investorideas.com