NFT Sales have tanked by 67% over the past 30 days.

One month ago I posted a chart here that was picked up by Statista as an official report, showing that search term volume for NFTs was plummeting.

Many people at the time counter-argued that search results are meaningless and that sales were as strong as ever. Today, Seeking Alpha reports:

Sales on OpenSea, approached $5bln in January 2022, which was a giant leap from only $8mln a year before, but sales halved to around $2.5bln in March 2022 and now the 67% into mid-April. This may be the sign that the 'Tulip Mania' bubble has popped for million-dollar JPEG files. https://imgur.com/m8WMom8.jpg

All signs point to diminishing interest in novelty NFTs, which is bad news if you're Meta.