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Frothy NFT Market Remains ‘Healthy’ as Developers Hold ETH or Reinvest: Nansen

While the NFT market may look unsustainable, a look under the hood shows that the “drops” may keep rising.

Updated May 11, 2023, 5:10 p.m. Published Aug 28, 2021, 3:30 p.m.
CryptoPunk NFT (Larva Labs, modified by CoinDesk)
CryptoPunk NFT (Larva Labs, modified by CoinDesk)