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The global non -fascinable tokens market has cooled considerably from its peaks of all previous time, with the volume of negotiation sales, the number of sales and the price values by deriving their lowest levels since 2020. The NFT market has gained significant momentum in 2021, with total turnover in 2020.
NFT market health since 2020
This historic Boom of the NFT was motivated by cultural phenomena such as the sale of art of $ 69 million in Beeple and the popularization of avatar collections such as cryptopunks and the annoyed monkey yacht club, which has established as an important digital class and aroused a widespread interest. This Bull Run on the market has been largely fueled by a huge increase in the participation of retail investors, traditional celebrity and the adoption of the NFT brand, and rapid innovations in blockchain technology. The traditional adoption of the NFT has led to the creation of many NFT projects.
Quick advance until 2025, many NFT projects are decreasing and the price of the soil is almost zero due to a collapse of the speculative frenzy, a supersaturated market, a lack of utility or value of the real world, scams and carpet shooting, cryptographic economic uncertainty and complicated user experience. The number of failing projects, in particular those who have no trading or community activity, highlights the short lifespan and the high failure rate of new NFT decrees on an unstable market.
Several NFT markets, including X2Y2, Bybit Nft Market Platform and LG Art Lab, closed their doors in 2025 due to the drop in market volumes and displaced attention to other areas such as artificial intelligence (IA). Other NFT platforms such as the Kraken NFT Marketplace also closed at the end of 2024 to reallocate resources, demonstrating a broader trend in the NFT sector. Many NFT projects also failed to keep the value.
Fortunately, not all non -spindled token projects do not really feel the harsh in the NFT bears market. Many NFT projects are sailing on the bear market are focused on long -term development, community strengthening and public services, often passing tactics from “rapid cash flow” to tangible value. Moon birds, cryptopunks, the annoyed yacht ape club and fatty penguins are standing and emerging nft collections like the main NFT projects in the middle of the collapse of the NFT market.
Luca Netz weighs on the health of the NFT market
In an exclusive interview, Luca Netz, the director general of Pudgy Penguins, shared some of the tactics that new non -fascinated token projects can use to succeed and remain relevant all the time despite the ups and downs. Netz pulled its Yuga Labs formula, the digital asset firm behind the NFT Club NFT NFT collection. According to the boss of fatty penguins, Yuga Labs has established a standard for reward holders, which succeeded. NFT projects can adopt this tactic and carry out solid and solid NFT projects.
What Yuga did well and what was wrong according to @LucaNetz
1️⃣ BAYC has established the standard to reward holders and make them succeed
2️⃣ What’s wrong
– They gave a lot (Airdrops) but also took a lot (mint)
– Expanded too fast and lost simplicityDo you agree? 👇pic.twitter.com/6mnrm9opyh
– Jbond (@jbondwagon) August 30, 2025
Nevertheless, the executive grassuated by Penguins reported some of the key errors that the creator of the annoyed monkey yacht club, which must be corrected and avoided at all costs in the future. Netz noted that they had given a lot of air terminals but also took a lot of mint. It should be noted that Yuga Labs is home to more than five NFT collections, including the Bored Ape Yacht Club, mutant Ape, the bored Kennel Ape club, and more. Yuga Labs has launched many NFT, developed too quickly, but finally lost simplicity.
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