[Blockchain Today Reporter Park Yo-han] On the 6th (US time), US cryptocurrency media, Cryptopotato reported that retail investors’ interest in NFTs and Metaverse has significantly decreased.
In 2021, Facebook announced its business goal as ‘pioneering the metaverse’ and changed the company name to ‘Meta’. has presented
However, a comprehensive analysis of Google Trends data and total NFT trading volume delivered by Cryptopotato shows that retail investors’ interest in NFTs and Metaverse is disappearing.
In general, data from Google Trends is considered a good way to gauge a retailer’s interest in a particular topic. The chart below shows the Google searches for the keywords ‘Metaverse’ and ‘NFT’ over the past year.
Interest in the NFT collection seems to have returned to the level in October of last year after a step back from last winter’s ‘hot moment’, the media reported.
According to popular NFT information provider NonFungible, weekly volume has been steadily declining for quite some time.
Retail investor interest in cryptocurrencies is currently declining overall, which appears to have led to a significant drop in trading volume.
However, according to a recent report by Cryptopotato, bitcoin trading volume in Ukraine and Russia surged last week, highlighting to many bitcoin proponents that ‘Bitcoin is an uncorrelated asset’ gave me a chance to
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