NFT Prices Take A Beating After Crypto Market Chaos

Crypto has been on a downward slope the past couple of weeks – and NFT is going the same direction with the decline in dollar value.
TerraUSD and LUNA both dipped in value registering a tremendous loss of 99%. With UST (pegged with US dollar) now trading at $0.13, LUNA has managed to move to $0.0000914 on Friday afternoon, making the coin nearly worthless.
Consequently, NFTs that are tied with Terra has shown decline in trading activity.
Suggested Reading | LUNA Not Alone In Crimson: APE,