In December, the NFT market value has plummeted to just $2.5 Billion, which is 72% lower than the January peak of $9.2 Billion.
Weekly sales have now dropped below $70M, and a sharp decline is also being seen in the number of unique buyers.
Is this the end of 'NFT Winter', or will only projects with real utility survive now?
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🚨 NFT MARKET CRASH: 72% DOWN
In December, the NFT market value has plummeted to just $2.5 Billion, which is 72% lower than the January peak of $9.2 Billion.
Weekly sales have now dropped below $70M, and a sharp decline is also being seen in the number of unique buyers.
Is this the end of 'NFT Winter', or will only projects with real utility survive now?