- Non-fungible tokens (NFTs) have risen and fall quickly in value over the span of two years
- The rise was driven by various factors such as easy money due to low interest rates while the collapse of some cryptocurrency exchanges was a reason for NFTs’ decline
- However, with fewer speculators today, there are suggestions that NFTs could be making a comeback
- Industry players are cautiously hoping that NFT prices will rise again, albeit to less extremes
- They also express confidence in the wide applicability of the technology beyond that as an investment vehicle
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