Speculative demand for non-fungible tokens (NFTs), meme coins, and initial coin offerings has cooled in recent market activity. As a result, Ethereum’s daily gas burn has contracted, and total value locked (TVL) across DeFi platforms has begun to retreat. Industry observers say the lull reflects a broader shift away from hype-driven launches and high-risk assets.
With capital pulling back, prices for these assets have softened and liquidity has tightened. Analysts expect the trend to influence short-term market dynamics, with potential consequences for NFT marketplaces, memecoin ecosystems, and ICO funding rounds.
Leave a Reply