What caused the NFT market to plummet in 2022?

NFTs caused the hype and booming effect back in 2021. Now, the market has entered the bear market phase for the first two quarters of 2022. According to the “NFT Market Report Q2 2022” of Nonfungible.com, the total sales volume of NFTs in July 2022 decreased by almost US$4 billion compared to January 2022.  What […] The post What caused the NFT market to plummet in 2022? appeared first on e27.