WSJ: 'The NFT market is bursting like a soap bubble.' Collect | Techno Home

WSJ: "The NFT market is bursting like a soap bubble." Collectors disagree.

NFT sales in September last year reached 225 thousand per day, and this week the average barely reached 19 thousand. Non-fungible tokens turned out to be just pictures, says Paul Vigna, editor of The Wall Street Journal. It is noted that the number of active NFT wallets fell by 88% to 14 thousand last week. Their maximum - 119 thousand - was in November last year.

This drop in interest is not unique. On Google Trends, NFT searches peaked in January and have since fallen by 80%. Note the decline in interest and NFT owners.