Add all of those to Russia’s invasion of Ukraine, and what that does to both the geopolitical situations in the region and the world. That is worrying investors of all kinds. The stock markets are down over the last few months; when they were rebounding from pandemic restrictions.
The cooling effect in NFT marketplaces could be from economic reasons. It could also be that early investors have already made their cash, and exited. As with all new marketplaces, it’s too early to attribute the slump to either option.
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