I’m afraid NFTs are going to crash the market…

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I’m afraid NFTs are going to crash the market…

I mean the hype is insane. And demand is so much higher than the inherent value of many NFTs. The greed is unprecedented, and gas fees only climb as everyone and their grandpa is minting useless Blender renders.

If I'm not mistaken, when speculative hype exceeds the actual value of an asset, a bubble forms, and WILL pop.

I was so excited for this bull run, as it seemed so much more sound than in 2016/2017. But NFTs are going to turn it into a bubble again and crash this shit to the ground 🙁

submitted by /u/yea_okay_dude
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