Top NFT Collections of 2022 Lose Their Shine as Floor Prices Fall

Top NFT Collections of 2022 Lose Their Shine as Floor Prices Fall



This year, the floor prices of some popular NFT collections have decreased. Moreover, the NFT boom of previous years has failed to gain any traction in 2023.



The NFT markets are failing. NFTs have not had the same growth as crypto markets, which have increased by 40% since the year's beginning.



Related: Discover how to create NFT in just 6 easiest steps!



Additionally, several of last year's biggest and most popular collections have had trouble so far this year.



The floor price for the Doodles collection has dropped 90%, from 23 ETH to just 2.3 ETH. OpenSea was displaying a floor price of just 2.169 ETH, or about $3,900, at the time of writing.



Doodles' sales volume in April were $2.4 million, down from $53 million in April 2022, according to CryptoSlam.



Another NFT collection that has declined from its peak is


Read more about Top NFT Collections of 2022 Lose Their Shine as Floor Prices Fall


#Cryptonewstoday, #CryptoSlam, #Doodles, #Moonbirds, #NFT

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