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As the frenzy fades, what value do NFTs really have? – Forkast News

As the frenzy fades, what value do NFTs really have?

The market for non-fungible tokens (NFTs), once propelled into frenzied popularity by the astronomical prices of “JPG files” and Facebook avatars, is now almost frozen amid the chill of a deepening crypto winter. According to CryptoSlam, NFT sales volumes on the Ethereum and Solana blockchains have dropped by over 70% in the past 30 days.

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