- GameFi and Play-to-earn NFTs saw the worst performance; a $1k investment in January 2022 is now worth only $90.
- Metaverse-based NFTs saw a slightly better performance.
- Art NFTs outperformed Blue Chips and Metaverse NFTs.
In a recent tweet, Nansen, a prominent blockchain data analytic firm, highlighted the performance of art NFTs. It revealed that since January 2022, art NFTs have been the standout performers among various NFT sectors. The firm added that this NFT category surpassed even Blue Chips and Metaverse NFTs.
However, despite their performance, Nansen noted that art NFTs experienced their fair share of market turbulence. In a series of tweets, Nansen elaborated on the performance of different NFT sectors.
Since January 2022, art NFTs have been the best-performing ETH NFT sectorThey've done better than every other type of NFT, including Blue Chips and Metaverse NFTs, remember them?But they're down against the dollar…Let's take a look at how down each NFT sector is… pic.twitter.com/ZcZUI2EXDw— Nansen