The NFT craze doesn’t seem to stop, as people keep getting more and more interested in what NFTs are. Celebrities were also getting into this industry in 2021, which is just one of the reasons why online searches related to NFTs have surpassed crypto for the first time.
Crypto Searches Peaked in May 2021
According to Google Trends, crypto-related Google searches were dominant throughout 2021 and peaked in May the same year. However, during the week ending on Christmas day of 2021, the NFT searches surpassed crypto.
The NFT trend gained momentum with high trading volumes, turning over $10 billion in Q3 2021, according to the DappRadar report. In addition, there was about $4.2 billion worth of NFTs sold and purchased on the marketplaces in October.
Still, OpenSea experienced a 14.37% drop in trades during this time. This was the second consecutive month that OpenSea saw a drop in numbers.
When it comes to the celebrities who joined the NFT craze, Mila Kunis is one of them. In July 2021, she launched a website called Stoner Cats, and those who wanted to see the videos on the site had to purchase an NFT.
Other celebrities who released NFTs are Snoop Dogg, Lindsay Lohan, Melania Trump, and Ja Rule.