The current macroeconomic and geopolitical turmoil has crept up on once the hottest “non-fungible” future.Coming off its best year yet in 2021, NFT values are plunging alongside crypto. The average sale price of an NFT is now below $2,000, down from over $6,800 in January, according to market tracker NonFungible. NFT marketplace volume fell to just over $4 billion in May, from $7.2 billion the month before. On June 18, Bitcoin fell below $20,000 for the first time since 2020. Ethereum and Solana, the tokens most commonly used with NFTs, have fallen about 71 percent and 79 percent this year, respectively.