2022 has proven to be a tumultuous year for nonfungible tokens (NFTs), with speculations of the NFT bubble bursting amid the persistent crypto winter. Q3 2022 saw only $3.4 billion in sales compared to $8.4 billion in Q2. In December, the numbers plunged further. Over the year, investor interest and media coverage also plunged. Nonetheless,… Continue reading Interest In NFTs Is Surging Again. Could They Explode Again In 2023?
Tag: NFT bubble
NFT Bubble Seems To Get The Shrinking Feeling
The NFT bubble is not popping, but it seems to have sprung a leak. Visitors take photos in front of historic sites and other places that interest them. In one case, Chinese contemporary artist Yang Yongliang took a photo in front of a video installation “Glows in the Night” which was converted into NFTs and… Continue reading NFT Bubble Seems To Get The Shrinking Feeling