NFT PLAY TO EARN GAMING MARKET CRASH INCOMING! POTENIAL WARNING SIGNS!
The play to earn nft market has taken off in 2021 but with the crypto market down, are we due for a huge correction in this space? Today I'm talking about signals I'm worried about and what we should be doing to prepare just in case of a play to earn market crash!
The play to earn nft gaming market has exploded this last year but I feel like it's starting to stall out, especially with the crypto market being down. The fact that we are losing players not gaining more, nft prices are going down, play to earn tokens are taking a hit, these are all some warning signs to me. To turn this around we really need to educate people more into crypto and play to earn games. Until then we probably won't grow much further in this space. Add that to the supply of games and nfts and not increasing demand, we could see a further play to earn nft gaming market correction or crash.
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▶️ 3Speak
I'm a lot more hesitant now to splurge in this bear market. Staying mostly in stables.
Makes sense! I'm buying in a little bit into projects I like but I'm more so doing that just for fun. Stable coins make sense for investment purposes.