Latest News

Interest in NFTs Falls to Its Lowest Point Ever at 14

August 31, 2022 ( Newswire) According to data from, interest in NFTs fell to its lowest point ever at 14 in the fourth week of August. This is a stark contrast to the interest in NFTs earlier this year, which reached its peak at 100 in the last week of January.

Speaking on the data, Edith Reads from StockApps said. NFTs have been one of the most talked about topics in the investing world for the past few months. However, it seems that interest has waned significantly. The crypto meltdown could be one reason why interest has decreased, as many people lost money in the market crash. It’s also possible that the novelty of NFTs has worn off. However, it’s still early days for NFTs; thus, interest may pick up again in the future.”.

Are Nfts Still Significant?

The NFT market remains significant in the context of the geopolitical crisis despite the general decline in interest. For instance, to maintain its military effort, Ukraine is actively gathering money through its NFTs. It released its assortment of NFT for this reason. Besides, a charity platform called “Ukraine’s Angels” and an NFT collection in support of Ukraine were previously introduced by the Ukrainian blockchain developer ElephantsLab.

NFTs’ Future

The current situation presents an opportunity for long-term investors. The market will most likely become more stable in the future as more industries adopt NFTs and people get a better understanding of how they work.The full story and statistics can be found here: Interest in NFTs Falls to Its Lowest Point Ever at 14

More Info:

This news is published on the Newswire – a global digital news source for investors and business leaders

Disclaimer/Disclosure: is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.

More disclaimer info: Learn more about publishing your news release and our other news services on the newswire and

Global investors must adhere to regulations of each country. Please read privacy policy:

Buy a crypto guest post on

What's your reaction?

In Love
Not Sure

You may also like

Leave a reply

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

More in:Latest News