Nfts

NFTs fail to gain traction as investors bet on Bitcoin (XBT), Ether (XET)

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Many investors are betting that Bitcoin And Ether will reach new highs this year, but there is one corner of the cryptocurrency market that is getting a cold reception: non-fungible tokens.

Tokens, better known as NFTs, which can be digital artworks of monkeys or other collectibles recorded on blockchains, are losing even more of their appeal. This month, Google searches for NFTs reached their peak the lowest level since 2021, when tokens began to become mainstream, according to Google Trends.

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