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🪦RIP: METAVERSE LAND VALUE PLUMMETS WITH ONE $2.4M LAND PLOT NOW ONLY WORTH $9KThe land collapse sits inside a broader NFT reset. The first quarter of 2022 was the strongest in NFT history at $12.46 billion in trading volume. By June 2022, monthly trading had fallen below $1 billion for the first time in a year. Today, most values have fallen at least 95% from their ATHAmong the land values that have notably lost the most, Decentraland Fashion District estate which sold originally for $2.4 million of 116 pl ...