FTX implosion crushes Solana NFT ecosystem
FTX Collapse Crushes NFT Ecosystem Getty What happened In response to FTX’s insolvency, crypto markets have been in a risk-taking mood, with asset prices dropping precipitously for all crypto tokens, fungible and non-fungible. The aggregate market capitalization of all cryptocurrencies fell 23% to $786 billion from $1.02 trillion in four days. Nansen’s NFT-500 Index indicates …