This NFT Sold For Nearly $2M In 2021, It’s Now Just $500 – What’s The Future Of NFTs?
Join Our Telegram channel to stay up to date on breaking news coverage The non-fungible token market is yet to recover after facing a brutal market downturn last year. The NFT market woes began sometime in mid-June last year, leaving the majority of NFT projects shedding more than 80% of their floor price value. Meka NFTs Drop From $1.8M In 2021 To Just $500 Even though the non-fungible token market has experienced a sharp increase in the past few weeks following the recent spike in crypto prices, some NFT collections are yet to recover from the last year’s market downturn. A certain MekaVerse “Meka” #2,194 NFT collection is a perfect example, dropping to a fraction of its former following the recently fading crypto winter. This NFT collection sold for over $1.8 million in late 2021 and has since dropped to just under $500. This nft sold for 500 eth and now it’s worth 500 dollars. pic.twitter.com/ESwabjxFkh — tmas.eth 👁 (@itstylersays) ...