NFT sales volume soared to $2.5 billion in the first half of 2021, as artists, celebrities and even Twitter and CNN joined the crypto craze

NFTs
,
#1

NFT sales volume skyrocketed to $2.5 billion in the first half of 2021, according to DappRadar.

Artists, celebrities and organizations like Twitter, CNN and the US Space Force jumped onto the trend.

The NFT market has however cooled off since the height of the frenzy in these tokens back in May.

Do you think the NFT trend will stand the test of time?

#2

I think a few NFTs will, others won’t. It’s like the art market, right? You’re hoping that whatever you have purchased is unique enough to gain value over time, but that is not a guarantee.

Most real-life items have some sort of historical significance – for NFTs, history is still in the making.