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Crypto Winter Eats NFTs – Cryptodroid

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The crypto market spent a good part of the last months of 2021 when bitcoin dropped its price from $67,000 to $47,000, speculating on the onset of a bearish crypto winter, during which the price of this and other cryptocurrencies failed to recover. historical highs.

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This fear has certainly been reiterated due to the context of great volatility for both the crypto market and the traditional market, which have been devastated by the latest blows of the pandemic, high inflation in the economy, and the outbreak of war in the US. Ukraine.

However, in all this financial maelstrom NFTs they managed to timidly stand out and gain a foothold in the imagination of investors through betting on these crypto assets, such as the sports industry.

Now NFTs They appear to have fallen victim to the same downward pressure that has gripped the entire system, as the interest it generates among investors is dropping exponentially.

Less media interest leads to fewer NFT sales

According to data provided by the…

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