54% of survey participants believe that NFTs will not recover in this cycle

On August 18th, according to research data disclosed by CoinGecko on the X platform, about 54% of survey participants believe that NFTs will not recover in this cycle, with 29.5% of survey participants firmly believing that NFTs will not recover in this cycle, and 24.7% still bearish on the NFT market. In addition, 26.4% of survey participants hold a neutral attitude towards the recovery of NFTs in this cycle, and only 19.4% of a minority of survey participants still hold hope for NFTs to make a comeback in this cycle. Compared with investors and traders, builders and bystanders are more optimistic, with 28.9% of builders and 29.1% of market bystanders believing that NFTs will recover in the near future, while only 17.1% of investors and 20.9% of traders share the same view.