NYC Web3: TLDR
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NYC Web3: TLDR

Wall Street Journal clickbait or the end of NFTs?

The Wall Street Journal dropped an article that was shared with me numerous times by friends, notably not invested in NFTs. They claimed sales were down 92%, and that headline enough definitely drove a lot of clicks. But this is classic zoomed in journalism and WSJ should be ashamed.

Zooming out, you see Opensea had one of the biggest sales week it’s had in history.

In the last 7 days, the top 5 projects have done over over 300K ETH ($802,380,000 USD) in volume.

And lastly, all over major investment vehicles (including BTC and ETH) do not seem to be doing so hot right now, so singeing out NFTs really seems like a easy target.

Written by: WarBiscuitNFT

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NYC Web3

NYC Web3

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