‘Bored Ape’ prices tumble as the tech bubble continues to unwind

A celebrity, with money to burn, might buy an NFT to use as an avatar. But it seems “really, really weird” that NFT trading reached billions of dollars at the peak of the mania. One wonders what will happen when reality starts to return to the valuations of the 10 FAANMG+ stocks currently boosting the S&P 500.