NFTs almost dead on Google Trends

NFTs almost dead on Google Trends

Global search interest for non-fungible tokens (NFTs) remains at abysmally low levels despite the current rally in cryptocurrencies, according to data provided by Google Trends.

Global search interest for non-fungible tokens (NFTs) remains at abysmally low levels despite the current rally in cryptocurrencies, according to data provided by Google Trends.

Advertisement

The aforementioned term attracted few search queries this year compared to “crypto.” This indicates a cooling in demand for the sector that defined the 2021 bull run.

In March, the term “crypto” reached a value of 100, indicating its maximum popularity. The term “NFT” paled in comparison to “crypto” with a value of just 10.

HOT Stories
Elon Musk's Stunning AI Warning Triggers Heated Discussion Between SHIB and XRP Armies
Elon Musk’s Stunning AI Warning Triggers Heated Discussion Between SHIB and XRP Armies
Samson Mow Makes Crucial Statement About Bitcoin (BTC): Details
The author of “Rich Dad, Poor Dad” mentions the easiest way to become a millionaire
Shiba Inu (SHIB) on Cliff’s Edge, Dogecoin (DOGE) Heading Towards $0.13, Ethereum (ETH) Really Needs This Support

The same trend could be observed in May, with NFTs failing to attract any substantial interest despite rising cryptocurrency prices.

This marks a stark contrast to January 2022, when the term “NFT” was actually ahead of “crypto” by a substantial margin (82 and 66, respectively).

Related

Mon, 06/10/2024 – 13:34
Ripple CTO Issues Critical Scam Warning to XRP Army

Other metrics also confirm that the NFT sector is struggling to recover. According to data provided by AltIndex.com, the number of active wallets containing NFT tokens has fallen to the lowest level since the beginning of 2021. In fact, the NFT space has lost more than 90% of users since reaching its current peak in December 2021. .

In 2021, NFTs attracted a lot of attention from celebrities and major companies, and became the talk of the town in the investment community. They also allowed creators to monetize their work. However, due to crypto industry crises and unfavorable market conditions, these investments quickly lost their appeal.

“Web3” is dead

While NFTs are almost dead, the term “Web3” appears to be completely dead. The term, which gained traction in late 2021 and 2022, fell out of fashion and attracted very few search queries.

“Web3” It was supposed to become the preferred term for the new version of the web with a strong emphasis on decentralization. He hasn’t been able to catch up. In May, it attracted only a small portion of search interest compared to cryptocurrencies.

Leave a Reply

Your email address will not be published. Required fields are marked *

Best Exchanges
Buy, trade, and hold 600+ cryptocurrencies on Binance
Buy, trade, and hold 450+ cryptocurrencies on ByBit
Buy, trade, and hold 150+ cryptocurrencies on Kucoin
Buy, trade, and hold 100+ cryptocurrencies on BitFinex 
Buy, trade, and hold 150+ cryptocurrencies on CoinBase

Guru Investing is an independent source of information about investing , not controlled by any broker. All our reviews and guides are created honestly, according to the best knowledge and judgement of the members of our independent expert team; however, they are intended for informative purposes only and should not be construed as, nor relied upon as, legal advice. You should always make sure that you meet all regulatory requirements before making any financial operations . Copyright ©2024 Email for contact [email protected]
pornhd.com hindisexyporn.com kashmiri girls sex jayasex indaporn.info desi bhabi xxx xlnindia sexo-vids.com 1st time sex video たかはししょうこ動画 javfuck.mobi 真正中出し3本番 彩乃なな sex film sexy film xxxhindividoes.com xnxx indian teens
ano nga ba ang pangarap iwantmoreteleserye.com hello heart episode 3 reshma hot saree images nuporn.mobi xvidies com bihar chudai tubezaur.mobi heroine photo hot dasixx hardcoreporntrends.com ileana d'cruz hot photoshoot www.xxxsexvideo.com xbeegtube.mobi hindi movi
www sxe vidoes erohardcore.info boops sucking dehati fuck kitporn.info chuk chuk rail fuckcomix.com mojoporntube.net gujaratisexvidio probinsyano october 18 2021 full episode freeteleseryetv.net ang probinsyano july 14 2022 قصص سكس كرتون cmsextra.net سكس بنات تخينة