NFT sales ‘have declined 92% since their peak’

[Mave]

NFT sales ‘have declined 92% since their peak’

That’s according to data from website NonFungible, collated by the Wall Street Journal, which shows that NFT sales fell to a daily average of about 19,000 this week, down from 225,000 in September.

The number of active wallets in the NFT market also fell significantly, the data shows: down from 88% to about 14,000 last week from a high of 119,000 in November.

Interest in NFTs also seems to have declined significantly, it’s claimed. According to Google Trends, searches for the term peaked in January and have fallen around 80% since.

Source and more: https://www.videogameschronicle.com/news/nft-sales-have-declined-92-since-their-peak/

Finally some good news.

 

[Stybar]

You mean to say that stupid fad was just a stupid fad? Who knew??

Thank fuck it's dying. It was such a stupid, silly thing.

 

[Stybar]

One of the possible reasons for that drop is that most tokens are linked to images, the specific value of which is almost impossible to determine.

...or because the whole thing is a fucking bigger-fool scam, and people are realizing that they are the bigger fool themselves.

This thing was doomed from the start.