NFTs Shatter Monthly Trading Record With $4 Billion In Sales—Here’s Why They’re Still Booming Despite The Crypto Crash

NFTs Shatter Monthly Trading Record With $4 Billion In Sales—Here’s Why They’re Still Booming Despite The Crypto Crash

An explosion of fervor around the buzzy blockchain-based digital collectibles known as non-fungible tokens has helped OpenSea, the world's largest NFT marketplace, top $4 billion in trading volume this month for the first time ever, defying the broader cryptocurrency market's lackluster performance as celebrities and corporations embrace the hype around NFTs. 

An illustration taken in London on December 30, 2021, shows a PsychoKitty NFT (Non-Fungible Token) ... [+] created by psychedelic artist Ugonzo.