NFT mania cools amid Ukraine crisis as average price and sales decline from January high

Source: Tech – South China Morning PostWhile anecdotal evidence that the NFT market is beginning to cool abounds, there are no bigger red flags that what’s going on with sales and prices.The average selling price of a non-fungible token has declined to under US$2,000, compared with an all-time high of almost US$6,900 on January 2, according to industry data tracker NonFungible. The daily total sales average was about US$26.2 million on March 3, the data show. The tally was US$160.2 million on January 31. Since February 24, when…Read More

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