By the end of March, the NFT sales stood at $2.44 billion, a decline of 53 per cent in NFT sales. The data further shows that the number of unique buyers dropped from 9.98 lakhs in January to 6.4 lakhs in March and currently stands at 3.81 lakhs for the month of April, a decrease of 66.5 per cent unique buyers.
Elon Musk on Wednesday morning switched his Twitter profile picture to an NFT collage - before the co-head of Sotheby s digital art division asked him to take it down.