The NFT space has seen a downturn in volume that few could have predicted at the beginning of the year, when these non-fungible pieces of code were all the rage - in fact, \*\*according to a Bloomberg report, the NFT trading volume has collapsed a whopping 97% from its January peak, naturally thanks to the ācrashā that crypto and other risky assets have experienced since. \*\*Despite this, NFT projects launching on the most used chains have not slowed down, with of new ones coming out in the first 9 months of the year.