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❕NEWS NFT sales reach record high sales values in first half of 2021

AudraMiller

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There is no doubt that the number of people that are becoming interested in cryptocurrency is increasing at a very rapid rate. This has also led to an increase in the number of people that are purchasing nfts, which is an acronym that is used for a non fungible token. According to a recent news report it seems that there has been over 2.5 billion dollars in sales that have been generated from the sale of these tokens. Do you think that this is likely to increase in the second half of 2021 or has the first half reach the peak of the sales?
 
I think the second part has the potential to generate even more revenue because ate actually looking for new things to be honest in my opinion
 
i actually love what's going on with nft ,the development is actually on a high level ,there are so many artist , popular companies and organization , improvising new ways to benefit from the nft system and it's actually working well as some people are been impacted with the development
 
I just want to share the exact value of this market " Someone sold his nft for $48m and then the buyer who bought it tried to re-sell and maximum bid he got was $290 , that's the reality and you can google it , I'm not leaving the name on purpose so you can understand who it was and who was the buyer too who made a fatal mistake and spent millions for just a tweet that had no real instinct trait like a rare picture of art
 
I think the peak of the NFT hype was last year when NFT games are huge and it was new so everyone is talking about it.. games like Axie and such.. introduced NFT with utility into the masses who isn't interested in NFT before.. now if someone says NFT what i think about is it makes money
 
Indees that was last year and no coin had seen the growth like that for years but now the nft market is a risk , scams are everywhere , platforms get hacked very easily , war situations might be there further in world , would you then like to have priceless and worthless things or to have things like gold , silver and things that can make you rich ?
 
And now the NFT market has collapsed, and many people who bought super expensive NFTs are forced to sell their NFTs at a significant loss. Not to mention, the general market downturn also badly affected NFT market. The hype is now gone. NFT devs should prioritize utility first before anything else.
 

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