Non-fungible tokens (NFTs) on a 12 month low

7/2/2022, 09:05 AM
Non-fungible tokens (NFTs) on a 12 month low
The cryptocurrency crash has claimed another victim: non-fungible tokens (NFTs).
Sales of NFTs reached a 12-month low in June, according to research firm Chainalysis. This is the worst performance since June 2020, when sales were just $648 million.
The decline is likely due to the overall slowdown in the crypto markets. This has led to consolidation within the NFT market, with fewer collections and types of NFTs reaching prominence.
Find more infos and some charts in the guardian here.