Is Crypto Finished?
Cryptocurrencies are collapsing, NFT's are crashing - what's up with Web3?
Cryptocurrency prices are down nearly 70% since last November. According to Bloomberg, the value of all crypto assets peaked at around $3 trillion. Today they are closer to $1 trillion. A number of crypto companies have collapsed and many more are teetering on the edge. The contagion seems to be spreading across other Web3 assets, in particular NFT’s.
