Thank the fed once again for yet another bubble.

Discussion in 'Wall St. News' started by S2007S, Mar 11, 2021.

  1. S2007S

    S2007S

    That didn't take long.


    Prices for digital collectibles like art and sports memorabilia are sliding, turning the focus back on whether the nascent market for so-called non-fungible tokens is any more than a fleeting mania.





    Average prices for NFTs -- essentially tradable digital certificates that use blockchain technology to prove ownership and provenance of online assets -- have tumbled almost 70% from a peak in February to about $1,400, according to Nonfungible.com, which tracks a variety of NFT marketplaces.


    https://www.bloomberg.com/news/arti...rs-debate-on-whether-stimulus-led-fad-is-over
     
    #21     Apr 4, 2021