Art News: Has the NFT Bubble Popped?

By David Schonauer   Thursday June 10, 2021

Just when you were figuring out what NFTs were and how to mint them, Protos, a website that focuses on crypto news, reports that the NFT market has imploded, with sales in every single category almost entirely drying up. NFTs peaked on May 3, when $102 million worth were sold in a single day. The crypto-collectibles market made up $100 million of those sales. In recent weeks sales plummeted.

Read the whole story at Protos.


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