Short-Lived NFT Market Recovery Ends With $1.2 Billion Weekly Decline
The non-fungible token (NFT) market has witnessed an abrupt end to its brief recovery period, shedding over $1.2 billion in value within a single week. Following a substantial 40% surge since mid-July, recent data from NFT Price Floor revealed that the aggregate valuation of NFT collections plummeted to $8.1 billion, marking a 12% decrease from…
