Cryptoverse: NFT bubble gets that shrinking feeling

Sales on OpenSea, the largest NFT marketplace, had reached nearly $5 billion in January, a giant leap from the $8 million a year before, but declined to around $2.5 billion last month. Around 635,000 people bought an NFT last month, for $427 on average, according to market tracker CryptoSlam, down from about 948,000 for $659 in January.

Source: Cryptoverse: NFT bubble gets that shrinking feeling

Get the latest RightsTech news and analysis delivered directly in your inbox every week
We respect your privacy.
Get the latest RightsTech news and analysis delivered directly in your inbox every week
We respect your privacy.