In the dusty road of digital marketplaces, Bybit has hung up its hat. The Inscription Marketplace, a once bustling agora of NFTs, will now be but a ghost town. And as for the IDO product pages? They’ve gone the way of the dodo.
The Market’s Melancholy Tune
Bybit’s choice to pack it in is a song sung in harmony with other crypto crooners like Kraken and X2Y2. Their NFT marketplaces are closing shop, too, a symphony of shutdowns in the face of the NFT market’s sad, slow slide. 🎻
The Fading Fad of NFTs
Once upon a time, PFP NFTs were the belle of the ball. But now? Even the Bored Ape Yacht Club is more like a ghost ship, with its trading volumes sailing into the sunset. 🌅
The Great Plunge of NFTs
Blockchain’s own soothsayer, DappRadar, has foretold the tale of woe. A 95% dive in trading volumes for the NFT elite since their glory days in 2021. And the once teeming wallets of active traders? Reduced to a mere shadow of their former selves. 📉
Bybit’s retreat is a mirror held up to the NFT world, reflecting a landscape where the once boisterous trade has quieted to a whisper. 🗣️
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2025-04-02 00:09