Distributed Ledger: Why brands keep launching NFTs, even though the hype has died down and trading volume is low

Read Time:12 Second

May is on track to become the first month in 2023 when NFT trading volume will fall well below $1 billion, according to new analysis from DappRadar. But brands, despite the low trading volume, are surprisingly still launching NFT collections.

About Post Author

Happy

0 %

Sad

0 %

Excited

0 %

Sleepy

0 %

Angry

0 %

Surprise

0 %

0

0

More Stories

Inflation trap? Stock market’s near-record run faces the most crucial CPI reading of 2024

These ideas could help protect your portfolio from stubborn levels of inflation

Big retailers report as Q1 earnings wind down. This company has been the biggest drag on the S&P 500’s results.

Groceries and houses are still way more expensive than they were before the pandemic. This week, two of the nation’s...

Why Alphabet investors shouldn’t worry about OpenAI’s search engine — for now

Competition in search looms, but whether it will it be a big improvement is the big question.

I’m a 42-year-old single mom of 8 who gave away all my money. I’m tired of struggling. What do I do?

‘I am finally reviewing my financial life and have clearly made many mistakes’

Nvidia, Micron and Super Micro among companies that shine in Wall Street’s ‘beat-and-raise’ game

Investors should look at the numbers behind rising share prices.

My property-tax bill spiked 40%. I fought the city — and won. Can I get tax write-offs for my time and costs?

Mad about your property taxes? Join the club.