NFTs: The Phoenix of Folly Rises Again 🦄✨
While trading volumes remain as subdued as a wallflower at a ball, the number of transactions has surged with the fervor of a socialite at a free bar. In the first quarter, a mere 7 million sales were recorded, but by the third quarter, the figure had ballooned to 18.1 million-a 45% leap that has left even the most jaded observers momentarily impressed. Yet, for all this activity, actual user adoption remains as modest as a Victorian maiden’s smile. Unique wallets trading NFTs have risen, but only slightly, suggesting that the same old hands are simply shuffling more digital trinkets.






