---
title: Prices Are Plummeting. Is This The End For NFTs?
description: "In mid-March, average daily NFT sales were at an all-time high of $19.3 million, and a record-setting art sale of $65 million had investors wondering whether NFTs were the next hot investment. Four weeks later, average sales are down to $5.5 million per day, and there's one question on everyone's minds: is this just an inevitable correction from unsustainable highs, or is the NFT craze on its way to burning out already? This ArtNet article takes a closer look."
image: https://www.barryinvestmentadvisors.com/hubfs/NFT%20Art.jpg
---

April 28, 2021

# Prices Are Plummeting. Is This The End For NFTs?

In mid-March, average daily NFT sales were at an all-time high of $19.3 million, and a...

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Posted by [Barry Investment Advisors](https://www.barryinvestmentadvisors.com/blog/author/barry-investment-advisors)

![](https://www.barryinvestmentadvisors.com/hubfs/NFT%20Art.jpg)

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In mid-March, average daily NFT sales were at an all-time high of $19.3 million, and a record-setting art sale of $65 million had investors wondering whether NFTs were the next hot investment. Four weeks later, average sales are down to $5.5 million per day, and there's one question on everyone's minds: is this just an inevitable correction from unsustainable highs, or is the NFT craze on its way to burning out already? This ArtNet article takes a closer look.

                                                            [![Click Here to Read](https://no-cache.hubspot.com/cta/default/424177/9423cb86-4324-4208-94c4-277bce0e0df1.png)](https://cta-redirect.hubspot.com/cta/redirect/424177/9423cb86-4324-4208-94c4-277bce0e0df1)

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