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NFTs. NFT Market. Crypto. Market Crash.
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NFTs have… fallen off a cliff.
During the first couple months of 2022, the NFT market continued to grow
even while the crypto market declined.
…then crashed …then crashed again. Now the NFT market has also fallen. So, just how bad is it? Well… Opensea, the world’s largest NFT marketplace reported a 75% drop in sales volume. The average sale price for a Bored Ape dropped by more than half. The average cost to buy an NFT was nearly ,800. Now.. barely over 0!
Oh, and who can forget about the poor fella who bought Jack Dorsey’s first tweet for .9m ..then tried to resell about a year later. The highest bid… k.
Does this mean NFTs are dead?. That’s what we’re going to uncover.
Non Fungible Tokens
What are NFTs
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*I am not a financial advisor. This is not financial advice. Some of the above links may be affiliate links*