NFTs Join Crypto in the Race to Zero

12 months on from record highs, even the Apes are going down with the ship

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In July 2021, NFT mania exploded. At its peak between August and November last year, the number of NFT sale transactions frequently topped 200,000 per day, with sales reaching an insane high of $12.6 billion in January 2022 alone. That’s some serious dollars for what was, at the…