NFT trading volume fell by about 50% in the past week
According to CryptoSlam data, the NFT market experienced a significant decline in the past week, with total sales dropping by 49.77% to $152.7 million. However, market participation indicators show continued growth in interest from both new and old traders: NFT buyers increased by 50.97% to reach 531,208 people; NFT sellers increased by 47.14% to reach 308,666 people; NFT transaction volume decreased by 13.26% to reach 1,477,340; and NFT sales decreased significantly compared to last week's $302.2 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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