NFTs hype: Is the non-fungible tokens bubble about to pop?

NFTs hype: Is the non-fungible tokens bubble about to pop?


Cryptopolitan
2022-05-24 10:54:03

Critics of non-fungible tokens (NFTs) have long warned that the current NFT mania is temporary. Currently, there’s more and more evidence to support their claim. According to the market tracker NonFungible, the typical buying price of a non-fungible token is now less than $2,000. This represents a decrease from January’s total of approximately $6,800. Moreover,...