Speculation about the development of NFTs in the next two years: 99.999% of old NFTs will tend towards zero value, and Grail NFTs have the opportunity to outperform ETH.

In the next two years, most old NFTs will lose value while Grail NFTs may surpass ETH.

Researcher AB in encryption wrote an article speculating on the development of the NFT market in the next two years, to make users aware of their thoughts on the remaining time of the bear market and the next bull market, including the average price of NFTs, Grail NFTs, 99.999% of old NFTs, and new NFTs.

1) Average price of NFTs: tends to be in the single digits of US dollars, and once games and collectibles take off, most NFTs will be priced between 1 and 100 US dollars;

2) A few NFTs will recover in the next bull market, but they will not perform as well as ETH, new NFTs, and Grail NFTs;

3) Grail NFTs: these NFTs may have a chance to outperform ETH, but you need to buy them at a low point or snipe the bid to have a chance;

4) 99.999% of old NFTs will continue to trend towards zero after experiencing a bubble;

5) New NFTs: they may have been minted this year or have not yet been minted. Most of these will form a new bubble and the next cycle peak. I think there may be some artists, on-chain generated NFTs, and games that may become the next cycle of the above categories, but I am not sure if there will be FOMO like the last bull market. In addition, the average price of NFTs will also decline. We will also see a new generation of traders, who may have less capital, and influencers will also launch practical NFTs.

Reference: https://twitter.com/ABBBBBB_NFT/status/1675381061566758912

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Blockchain

Bloomberg: The currency stability exchange's own stable currency will be issued in "weeks to one or two months"

According to Bloomberg News, Wei Zhou, chief financial officer of Binance, the main cryptocurrency exchange, said in ...

Blockchain

Thousands of exchange platform license thresholds reach the cloud or 5 platforms enter the Hong Kong Securities Regulatory Commission's sandbox

Source: 21st Century Business Herald Author: Zhou scorching The confrontation between the United States and Iran has ...

Blockchain

0.32 dollars to buy 40 bitcoins: the currency exchange will not work hard, the regular army will come

Summary Event: On August 23, the Amazon AWS cloud service failed, causing many currency exchanges such as the currenc...

Blockchain

When the PoS gold rush era is opened, who will become the next bit continent?

background The first generation of cryptocurrency bitcoin, which brought the necessary changes to our world, and the ...

Blockchain

Will Upbit's $ 50 million loss bring Defi's "prosperity"?

The South Korean exchange was stolen again. Following the theft of a South Korean exchange at the beginning of the ye...