NFT Market Falls 50%, Pudgy Penguins Lead Decline

NFT Market Falls 50%, Pudgy Penguins Lead Decline

Sales of non-fungible tokens (NFTs) have fallen by almost 50% in the last week, which has coincided with a sharp dip in cryptocurrency values. At $94,000, Bitcoin dropped 4%, and Ethereum dropped to $3,300. At $152.7 million, overall NFT sales dropped 49.77%, according to CryptoSlam. This is a significant drop from the $302.2 million the week before. Nevertheless, market participation metrics show enduring interest even in the face of the dec...

NFT Market Falls 50%, Pudgy Penguins Lead Decline Coinatory

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