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The #NFT-500 index has returned 49.9% when denominated in #ETH and 37.7% when denominated in USD year to date. We saw a decline in the weighting of #Metaverse and #Gaming NFTs in the NFT-500 (ETH) index after rebalancing the NFT constituents, despite a minor gain in the weighting of Social NFTs in the index. #Market capitalization denominated in ETH is used to weight the Nansen NFT indexes.
The #crypto market has been going through a downward trend with a sharp decline in prices since the beginning of this year.
The total value of global crypto #markets reduced from $3 trillion to $938 billion with a sell-off in #bitcoin and other major currencies.

The exchanges, #NFT, #Gaming, #Memecoin, #DeFi, and other #crypto sectors have seen a drastic drop— by as much as 60% to 80%, respectively.


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From the Healthcare industry to #E-commerce to #Gaming, #cryptocurrencies have widespread adoption.

Ex: Burger King, Subway, Netflix, Shopify, Overstock, RobotEra, Booking.com, and Caruso have already implemented cryptocurrencies and allowed customers to buy their products using cryptos.

Here’re the Top 9 #Industries Supporting the Mass Adoption of Cryptos.

https://www.instagram.com/p/Cmi4BSeJsJa/