Beeple Discusses Current State Of NFT Market

According to Foresight News, in a recent interview with Decrypt, crypto artist Beeple (Mike Winkelmann) shared his views on the current state of the NFT market. Beeple noted that the speculative investors have largely exited the space, leaving behind a core group of enthusiasts who truly understand the technology. Reflecting on the past, Beeple remarked, 'Looking back at that time, it was crazy because NFTs were hated for much longer than they were loved. We lost a lot of users, but those people were never in it for the art, I could tell right away. Speculators have moved on, but people are still passionate about this stuff.' According to Foresight News, Beeple's NFT artwork 'Everydays: The First 5,000 Days' was sold for $69.3 million in 2021.