You are welcome back Nightly Mint. While NFT volumes and general sentiment has been running low on steam thus far in March, the numbers are still comparable to Q4 2021 – which blew last year’s numbers out of the water. So while critics claim that NFTs are on their downfall, if we look at the big picture, it’s a small blip over the past year of growth. Until we see sustained weeks to months of sliding activity, there’s little conclusions to draw quite yet.
Nightly Mint
Latest Mint: LimeWire Turns Back Time
LimeWire is still around. LimeWire? While the blockchain of choice is yet to be disclosed, core team members have stated that they will be partnering with “a leading blockchain.” ‘Right click save’ is taking a whole new twist on this one.
Related Reading| Dogecoin Continues On A Downtrend Post A Mini Revival
OneOf's latest partner is Biggie Smalls, who has left OneOf as a music producer. OneOf is based on Tezos, (XTZ).Source: TradingView.com XTZUSD | Source: XTZ-USD on TradingView.com
N.F.T.
Today is the 25th anniversary of the passing of hip-hop legend Notorious B.I.G., and Biggie’s estate has shared a new NFT to celebrate the life of one of music’s most recognizable artists. Growing NFT platform OneOf to announce the estate’s first-ever NFT. Josh James, OneOf’s cofounder and chief operating officer, stated in the release:
“Using NFT technology, Biggie’s legacy and his outsized impact on music and culture will be forever cemented on blockchain, to be honored and shared with fans around the world and for generations to come.”
The ‘Minty Fresh’ Take
Are we witnessing the NFT industry crumble? Despite an NFT ‘bear market,’ the likely answer is no. There’s nothing new under the sun – and everything is cyclical – so while it might not be the brightest days with this month’s price action thus far, we’re still in the very early days. Don’t be afraid to zoom out.
We currently are in the “Death” phase of NFT Macro Life cycle.
My experience in crypto has been since 2016.
Let’s get into it, even if your influencer is depressed or manic and depressed.
How can you crush the Death phase 🧵 pic.twitter.com/ux1aQl1mgR
— The NFT Edge🛡️ (@thenftedge) March 8, 2022
Solana Poised For Triple Digits, Support Set At $80| Solana Poised For Triple Digits, Support Set At $80
Featured Image from TradingView.com, Charts and Pexels This content was not written by or associated with the mentioned parties. This article is not meant to provide financial advice.