Walmart's only crypto toy winds down ambitious game

The NFT mania is officially dead, and even the most successful projects are crumbling. Despite a massive partnership with Walmart and over a million downloads, Pudgy Penguins is shutting down its Pudgy Party game as its native token collapses 90% from its peak. With the total NFT market cap cratering from $17 billion to just $1.5 billion, it’s clear that digital collectibles were a massive bubble that has finally burst. Is there any real future for NFTs, or was it all just hype?
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