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The NFT bubble may have appeared, but the field is still expanding by Cointelegraph


The NFT bubble may have appeared, but the field is still prepared to expand

The token is not edible (NFT) took the world by storm in March and April of this year with an onslaught of daily headlines about record sales and well-known companies drop their own one-of-a-kind digital artworks that are dominating the mainstream media.

Then a few months later and the story turned to the ‘NFT bubble’ that popped out and perished and warned that NFT investors were on the verge of losing all their money.

1 year history of the NFT market. Source: NonFungible
Number of active wallets on the NFT market. Source: NonFungible
Total number of sales on the NFT market. Source: NonFungible
Top 5 NFT markets. Source: DappRadar