NFT Hype on the rise again After the explosive rise of NFTs n | NFT Insider
NFT Hype on the rise again
After the explosive rise of NFTs near the end of 2021, non-fungible tokens (NFTs) took a quick turn and fell into a slump, dropping over 50% of the sales volume from late 2021 through Jan 2022.
However, NFT seems to be regaining momentum with an almost 32% increase in the weekly volume compared to March, according to data from Nasen, a blockchain analytics firm. Whether the current rise lasts remains to be seen.
