NFT prices drop 70

The average price of NFTs fell almost 70% in April 2021, dropping from a peak in mid-February of $4,000 to $1400. This drop correlates to a cooling market for NFTs linked to art, for which total sales have also decreased, dropping from $16.7m to $12.5m in the space of five days. Some NFT experts say...

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Bibliographic Details
Published in:Art newspaper (International ed.) 2021-05-01, Vol.30 (334)
Main Authors: Jhala, Kabir, Angeleti, Gabriella
Format: Newspaper Article
Language:English
Subjects:
Digital currencies
Financial performance
Forecasting
Industrywide conditions
Non-fungible tokens
Online Access:Request full text
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