Over the past week, NFT market sales saw another drop, decreasing by 7.91% compared to the previous period. The number of buyers took a steep hit, plummeting 73.46%, while sellers also declined notably, down 61.18% from the prior week.
Crypto 350
07/15 15:40
NFT Market Cools Down: Sales Slide Nearly 8% Amids
NFT Market Cools Down: Sales Slide Nearly 8% Amidst Buyer Plunge
The number of NFT market buyers saw a sharp drop, plunging 73.46%, while sellers also decreased significantly from the previous week.
- Overall NFT sales declined, with fewer buyers and sellers participating.
- Despite the downturn, certain collections like CryptoPunks and Guild of Guardians saw increased sales.
- Despite current challenges, the NFT market is projected to rebound before the end of the year.
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