The non-fungible token (NFT) industry has become a trending digital asset sector. The sector gained significant traction from investors worldwide over the past two years. Even during the extended bearish market of 2022, the industry thrived, gaining more sales volume than in 2021. However, the trend seems to be changing, with many collections recording important losses in 2023. Top NFT Collections In 2022 Lose Their Value in Ether In 2022, the NFT industry sales volumes rose to impressive heights surpassing the records of 2021. However, most of these popular NFTs lost their value in Ether this 2023. Related Reading: Pepecoin Eyes Rebound As It Finds Support In Strong Algorithm Data Score A crypto analyst, HashBastards NFTs, took to Twitter to list some of the top NFT collections in 2022 that have lost massively this year. These NFTs include Invisible Friends, Doodles, Goblintown, Moonbirds, and others. According to the post, these NFTs have lost over 95% of their value in Ether this 2023. The community-centered collection, Doodles, shows a significant loss between 2022 and 2023. The NFT collections floor price dropped from 23 ETH to 2.3 ETH, indicating a decline of ..
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