NFTs, a Punchline During Crypto Bust, Attempt a Comeback

NFTs, which went from being touted as the vanguard of the digital frontier to the punchline of the most recent crypto crisis, are suddenly making an unlikely comeback.

When the cryptocurrency bubble burst after a series of scandals in 2022, no corner of the market experienced more pain than non-fungible tokens. Global NFT sales volume plummeted 63% to $8.7 billion last year, leaving many assets nearly worthless, according to data from CryptoSlam.

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