---
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."
---

<https://www.barryinvestmentadvisors.com/blog>

# [Prices Are Plummeting. Is This The End For NFTs?](https://www.barryinvestmentadvisors.com/blog/prices-are-plummeting.-is-this-the-end-for-nfts)

 Written by [Barry Investment Advisors](https://www.barryinvestmentadvisors.com/blog/author/barry-investment-advisors) | Apr 28, 2021 12:47:57 PM

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.

                                                           

[View full post](https://www.barryinvestmentadvisors.com/blog/prices-are-plummeting.-is-this-the-end-for-nfts)

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