TechFlow reports, on August 9, according to the latest survey by CoinGecko, 54.1% of cryptocurrency participants expect the current NFT market cycle will not recover. Among them, 29.5% of respondents strongly believe NFTs will not rebound in this cycle, while 24.7% are mildly bearish. Another 26.4% of participants hold a neutral stance toward the NFT market, with only 19.4% of cryptocurrency participants hopeful for an NFT recovery in this cycle.
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