NFTs: A Fading Trend Or Market Reset?

NFTs: A Fading Trend Or Market Reset?

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Source: TheMerkle.com

As October 2024 unfolds, the once-booming NFT market seems to be settling into a new phase.

After a meteoric rise in 2022, where projects like Bored Ape Yacht Club and CryptoPunks commanded millions of dollars, NFT sales have now plummeted to a mere $100 million globally.

This decline highlights a significant shift from the frenzied trading days of early 2022, leaving many to wonder whether NFTs are just a fading

Read More https://themerkle.com/nfts-a-fading-trend-or-market-reset/

The post "NFTs: A Fading Trend Or Market Reset?" appeared first here TheMerkle.com.

Source: TheMerkle.com

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