CoinGecko found that NFTs minted in 2021 continue to dominate in popularity.
The recent eye-catching post calling the demise of non-fungible tokens has stirred strong reactions in many. The NFT sector, in general, witnessed a significant slump owing to the broader market downturn.CoinGecko Weighs in on NFT Market
Following closely behind is NFT giant Yuga Labs’ Bored Ape Yacht Club , the second most favored NFT collection, with 1,076 users. CyberKongz and bitmap trail a bit further with 867 and 851 watchlist entries, respectively. NFTs created in 2021 continue to maintain their strong appeal, occupying 12 out of the top 30 spots on CoinGecko’s popularity rankings. The aggregator stated that these 2021 NFTs managed to remain relevant over time, demonstrating resilience in terms of their reputation and community support.
As of now, 2023 NFTs hold nine positions within the top 30, edging out their 2022 counterparts, which account for eight slots. This trend may suggest that 2022 was a challenging year for NFT collections, offering a slightly more optimistic outlook for 2023. With several months remaining in the year, it remains uncertain whether more 2023 NFT collections will rise in popularity.NFTs became a rage nearly two years ago attracting novices, celebrities, as well as artists alike.
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