Are the prices of non-fungible tokens influenced by cryptocurrency?

Are the prices of non-fungible tokens influenced by cryptocurrency?

In the early 2021s the Non-fungible Tokens (NFT) were the first use of blockchain technology that gained an unambiguous public acclaim. NFTs can be traded as rights to digital assets (images videos, music, images digital creations) in which ownership information is recorded in smart contracts that are stored on the blockchain. In light of the fact that…