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

Policy

Crypto Exchange FTX to Sell Trust Assets: Debtors Making a Desperate Cash Grab!

The debtors have suggested forming a pricing committee that includes representation from all stakeholders in addition...

Blockchain

From Caroline Ellison to Gary Wang The Fate of Bankman-Fried Hangs by a Thread, According to Bloomberg

Three ex-close friends and colleagues of FTX co-founder Sam Bankman-Fried have testified against him, possibly result...

Market

Jump Trading's Crypto Waterloo: Forced to Exit US Crypto Trading Market, Facing Terra Class Action Lawsuit

For Jump Trading, the traditional high-frequency trading giant in the encryption circle, the past year has undoubtedl...

Market

Three days after listing, trading volume is lackluster. The first-ever leveraged BTC ETF in the US did not have a good start.

First leveraged cryptocurrency ETF in the US underperforms expectations three days after listing.

Blockchain

A picture proves that there are a large number of cleaning transactions on the exchange

In order to more accurately depict trading activity, the "Real 10" indicator only considers the volume of t...

Opinion

Checklist of 9 popular cryptocurrencies virtual credit cards

Cryptocurrency virtual credit cards launched by cryptocurrency exchanges (such as Binance) allow for consumption and ...