NFT enthusiasts hold firm despite crypto price plunge Reuters | May 20, 2021 08:22 PM EDT Humanoid robot Sophia, developed by Hanson Robotics, is seen through a plastic plate with paint on it during a demonstration before auctioning her own non-fungible token (NFT) artwork, (Photo : REUTERS/Tyrone Siu/File Photo) This week's cryptocurrency price plunge eroded the dollar-based value of NFTs and raised the cost of buying and selling them, in what could be a setback for the burgeoning digital asset market. But NFT collectors are not bailing out. Non-fungible tokens - a way of trading digital assets by recording their ownership status on blockchain - exploded in popularity in February and March this year, notching up hundreds of millions of dollars in sales.