NFT Market Falls 50%, Pudgy Penguins Lead Decline

Sales of non-fungible tokens (NFTs) have fallen by almost 50% in the last week, which has coincided with a sharp dip in cryptocurrency values. At $94,000, Bitcoin dropped 4%, and Ethereum dropped to $3,300. At $152.7 million, overall NFT sales dropped 49.77%, according to CryptoSlam. This is a significant drop from the $302.2 million the week b...