“Black Swan” Author Says NFTs Are Starting to Burst
“Black Swan” author Nassim Taleb believes that the non-fungible token craze might be coming to an end, according to a recent tweet.The Lebanese-American mathematical statistician is convinced that higher interest rates will make the bubble burst. The U.S. Federal Reserve’s ongoing monetary tightening is expected to exert pressure on risk assets.
Taleb has pointed to the fact that the value of the NFT of Jack Dorsey’s very first tweet has lost almost all of its value.
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