Google Trend Data for ‘NFT’ Shows Global Interest Slashed by 70%

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– The bearish crypto market has majorly impacted the prices of blue chip NFTs. –

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– Interest in NFTs reached a low point of 26 in terms of Google data in the last days of May. –

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– This equates to a 76% drop in less than six months. –

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The crypto market crash of 2022 has led to decreased investor interest in digital collectibles by the global NFT population.

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Some of the NFTs that contributed to January’s milestone include the Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), and Axie Infinity.

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In the last days of May, BAYC NFT sales volume was in the region of $200 million, a 41% decline in four months.

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