NFT floor values have tumbled a great deal during the past month as some of the most popular NFTs like BAYC and Cryptopunks are selling for a lot less these days.
The Once Bubbly NFT Industry Faces Its First Crypto Bear Market, Non-Fungible Token Interest Is Down and Sales Slide
NFTs have made their mark over the last 12 months raking in billions of dollars in sales, but the NFT trend is currently experiencing its first. The market carnage during the past few weeks has taken a toll on NFT sales and the top floor prices stemming from some of the most popular collections.Interest in non-fungible tokens has waned as the search query “NFT” has dropped significantly according to Google Trends data.
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