NFT Tokens Boost Decline Very Soon
The technology that took the crypto space under huge storm after ICO and DeFi might be the NFT’s. Currently there are nearly 20 NFT tokens listed which are speculated to be more volatile than the DeFi tokens also.
One such NFT is Meme (MEME) token which had surged more than 300 percent in just a week to attain its ATH of $1962.98 on 22 September 2020, has dipped nearly 50 percent in just 24 hours. Currently, at press time, MEME token is priced at $949.88.
Bitcoin analyst and insights provider Lark Davis speculated whether the NFT hype has dissolved in a single day!
$meme down 48% today…. savage! Are we bored with #nft already