Warning: Is The NFT Market Collapsing?
Published in
7 min readMay 7, 2022
A study by the NFT market analysis platform “Nonfungible” claims that the entire NFT market is on the verge of collapse. They came to this conclusion because there has been a 92 percent decline in NFT sales since September 2021.
What’s going on? These three words could summarize the current reporting surrounding the NFT market. Because at the moment, the reports that speak of a collapse of the…