Are we… are we in an NFT bear market? It was unquestionably a cool temp of NFT seasonality. What lies forward? It is possible that NFTs will not go away in a single day, however it’ll take a while for the craze to construct again up from the top of final yr to the start of the yr.
Within the meantime, we’ll maintain you up to date on the newest happenings – together with at present’s Robinhood intention to supply NFT help and the burgeoning Solana scene.
The night time mint
Newest mint: Robinhood NFT help
Robinhood is not precisely a crypto gold child. If something, it was removed from the alternative. Nevertheless, the buying and selling platform means that NFT help may very well be added to the corporate’s upcoming non-custodial pockets, which is reportedly approaching 2 million sign-ups for its waitlist. It has been a protracted back-and-forth for Robinhood and crypto, however by and huge has been an vital shopper onboarding for these new to the house. Let’s have a look at if that stays the identical right here.
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Solana NFTs have been booming recently. | Supply: SOL-USD on TradingView.com
Amidst the calm, Solana has shone
Regardless of an general mediocre market, chatter within the NFT neighborhood has undoubtedly had a peak at Solana in latest days, because of initiatives like Okay Bears that seem like feeling a “takeover.” It was actually referred to as “Solana Summer time”.
The ‘Minty Recent’ take
If you have not skilled a crypto bear market but, you can definitely be experiencing one now – or maybe the start of 1. We can’t faux we all know what tomorrow will deliver. However we do not see an excessive amount of of a elementary distinction within the NFT panorama that exists available in the market at present in comparison with 6 months in the past.
Quantity is down 93% month-to-date
I’ve seen this a number of occasions since 2017, typically as unhealthy as 99%. we stayed, constructed and performed with our nfts whereas most left
I will be right here for the subsequent cop, will you be proper over? pic.twitter.com/83tWrDK8Wm
— Poopie (Jordan Castro) (@poopie) Might 17, 2022
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Featured Picture by Pexels, Charts by TradingView.com The author of this content material isn’t affiliated or affiliated with any of the events talked about on this article. This isn’t monetary recommendation.