According to The Block, NFT trading volume fell 94% in June compared to January 2022. For the first time since July 2021, total unique token turnover fell to $1.01 billion. In fact, it appeared that there were no robust NFT collections on the market whose value remained steady amid the demand crisis. According to CoinMarketCap, the JPG index, created in April to track blue-chip unique tokens, was down 70%. This period coincided with the start of the global geopolitical crisis, which negatively affected international economic indicators.