The average sale price of an NFT is now below $2,000, according to market tracker NonFungible. That’s down from over $6,800 in January. Cumulative daily sales have dropped from $160 million in January to $26 million on Thursday. Not long ago, NFTs had a total market capitalization of $23 billion, exceeding that of CarMax and Take-Two Interactive Software. Today, it’s just over $10 billion, according to CoinMarketCap.