NFT market starts collapsing like a house of cards in 2023, thanks to...
Blue-chip collections witnessed a sharp drop in floor prices.
Non-fungible tokens entered mainstream consciousness in a big way in 2021. Sales of popular collections skyrocketed and the frenzy caught on with who’s who of the glamour and entertainment world. The excitement continued in 2022 and despite a weaker second half, the NFT sales count recorded a 67.
On a year-to-date basis, the total NFT volume rose only by 11%. On the other hand, the total cryptocurrency market cap managed to clock a growth of 48% in the same time period, according to . This was a clear indication that the NFT vertical was detached from the gains in the digital assets market.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Letters, July 7, 2023: 'Leave sports coverage in the Sports section'Calgary Sun Letters to the Editor, July 7, 2023: \u0027Leave sports coverage in the Sports section\u0027
Read more »
Reports of hate motivated incidents in Ottawa jump 23.5 per cent in first half of 2023: PoliceReports of of hate\u002Dmotivated crime rise 23.5 per cent in first five months of 2023
Read more »
Calgary Stampede Parade kicks off the 2023 Greatest Outdoor Show on Earth | Globalnews.caIt’s that time of year again as the Calgary Stampede Parade kicked off this year's 10-days of the Greatest Outdoor Show on Earth.
Read more »
Ottawa reports 23.5% increase in hate and bias motivated incidents in city in 2023Nationally, Canada has seen an increase in hate crimes with a 27% rise in 2021 from the year before, representing a 72% increase compared with 2019 data
Read more »
Skeena Salmon Arts Fest celebrates 100+ artist submissions, preps for annual art show - Terrace StandardThe 2023 Skeena Salmon Art Show will explore the relationships between humans and salmon
Read more »