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Key OpenSea Investor Cuts Platform’s Valuation By 75% As Global NFT Sales Plummet

By Newton Gitonga at 2026-05-02 21:01

Sentiment: Positive

The global NFT market has seen a significant downturn recently, with various platforms and investors feeling the impact. As the hype surrounding NFTs subsided last year, the market experienced a correction, leading to a decline in trading volumes and valuations. OpenSea, one of the largest NFT marketplaces, has been hit particularly hard, with its valuation […] Continue reading...

Categories: Cryptocurrency

Tags: #Cryptocurrency #News #Cryptocurrency News #Opensea

Source ZyCrypto