The market is down 19% in the last 30 days. No great surprise there when you read that volumes are down at many of the exchanges byas much as 50%. If you read the headlines it appears investors have also lost interest in NFTs with trading volumes dropping by as much as 80%.
However, don’t get too gloomy when you read these numbers. They are designed to scare away the less committed, the ones who always exit too early and buy too late. Readers of this bulletin are made of tougher stuff! You only need to take a look at Yuga Labs recent sale of their virtual land NFTs where they sold $315 million in a matter of hours to see the market is far from dead.
Keep the faith my friends!
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