NFT Sales Drop 59% in Second Week of 2023
During the past seven days, $208.68 million in NFT sales were recorded, with $157.20 stemming from the Ethereum blockchain.
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During the past seven days, $208.68 million in NFT sales were recorded, with $157.20 stemming from the Ethereum blockchain.
The NFT monthly sales reached their high on January 2022 only to drop dramatically in June and continue their steady decline since.
The aftermath of the crypto winter is yet to be over.
NBA Top Shot and NFL ALL DAY generated $7 million and $7.3 million in sales respectively.
Average sale value reached a four-month low while unique buyers and total transactions plunged to long-term lows.
Market participants spent approximately $2.7b on minting NFTs in the first half of 2022. What did the NFT projects do with the money they raised?
Hardware wallet providers are seeing increases in revenue in this bear market as crypto investors withdraw assets off centralized exchanges.
PoolTogether, an Ethereum-hosted DeFi application that enables users to gain access to prize-linked savings pools, has raised over $1 million ...
Over the past 24 hours, Yuga Labs’ line of non-fungible tokens (NFTs) has experienced a huge drop in trading volume.
Transaction volumes for MAYC, BAYC, and Otherdeed are all down, as is the overall NFT market, which could herald a cooling of the industry as a whole.