Do NFT markets have a case of the wobbles? The number of unique NFT buyers has dipped below 800,000 for the first time since October, while NFT search volume on Google has dropped 70% since late January.
that global keyword search volume for “NFTs” has also dropped significantly. Over the past week, interest has dropped roughly 60-70% from the heights of late January
The U.S. represents the most interest globally at the time of writing while Japan currently shows the lowest interest in NFTs out of 61 nations, despite local tech and telecommunications giant RakutenNFT proponent and managing partner of NFT investment fund Sfermion Andrew Steinwold likened the current pullback to the bull market and subsequent crash of 2017/2018, as he questioned whether interest will pick back up again anytime soon.
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