Source: news.google.com
Despite the depth of the bear market, brands plan to take advantage of the metaverse and non-fungible tokens (NFTs). Here is a compilation of the latest developments in the sector.
November 2022 will go down as the worst month in an extreme bear market. The collapse of FTX, once one of the largest crypto exchanges in the world, caused a ripple effect throughout the market.
November, the start of NFT Bull Run?
The collapse in the cryptocurrency market did not spread to the NFT and metaverse market. Despite adverse market sentiment, the volume of the top 5 NFT collections skyrocketed. Bored Monkey Yacht Club Recorded the highest sales in the last six months. And the United States Patent and Trademark Office (USPTO) registered 24 registered trademarks for NFT and related…
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