Tag: NFT sales decline

NFT Market Crash: What Happened and Why It Collapsed So Fast

Posted by HELEN Nguyen
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NFT Market Crash: What Happened and Why It Collapsed So Fast

The NFT market crash of 2022 wiped out over two-thirds of its value in months. Inflation, gas fees, wash trading, and lack of utility caused the collapse-not a failure of technology, but of speculation.

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