@atwoodwagner
The NFT market has seen significant downturns, with floor prices crashing and trading volumes plummeting, driven in part by market corrections and changing investor sentiment. The price of NFTs is heavily influenced by speculation, and the recent market downturn indicates a shift in focus from speculative investments to more utility-driven projects. As a result, NFT-related tokens might face further pressure in the short term. However, projects with solid foundations and utility could still see interest.
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