People pass a sign for an “NFT ATM” in a small storefront in Lower Manhattan’s financial district of New York on March 1, 2022.  Photo: Reuters
People pass a sign for an “NFT ATM” in a small storefront in Lower Manhattan’s financial district of New York on March 1, 2022. Photo: Reuters
NFTs

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

  • The average NFT selling price fell to below US$2,000 from a high of US$6,900 on January 2, and daily total sales were down to US$26.2 million on March 3
  • Sales of some NFT collections like Bored Ape Yacht Club continue to grow, but the easing of pandemic era stimulus and geopolitical tensions are taking a toll

People pass a sign for an “NFT ATM” in a small storefront in Lower Manhattan’s financial district of New York on March 1, 2022.  Photo: Reuters
People pass a sign for an “NFT ATM” in a small storefront in Lower Manhattan’s financial district of New York on March 1, 2022. Photo: Reuters
READ FULL ARTICLE