NFT4 min read4/20/2024
NFT Market Shows Signs of Recovery
NFT adoption rebounds with utility-driven projects after a market slowdown.
NFTs went through hype, crash, and are now returning with stronger fundamentals.
- 2017–2018 CryptoKitties: Early experiments, high gas fees.
- 2021 Boom: Speculative sales exploded.
- 2022–2023 Chill: Many projects lost value.
- 2024 Renewal: Utility-focused NFTs in gaming, identity, and real-world experiences emerge, creating sustainable market activity.
Fluxor Editorial Team
Published on 4/20/2024