Hard Hit! Blue-chip NFTs Face Market Turmoil as Over 1,200 Liquidations Strike
Unprecedented Selloff in the NFT Market The last three days saw the Non-fungible Token (NFT) market experience an unprecedented selloff. The floor price of several prominent, otherwise known as ‘blue-chip’, NFTs saw a record-low plunge. The spillover effect was a significant shock with over 1,200 NFTs being liquidated. Risk of Liquidation According to data from […]