The NFT trading volume has dropped by about 50% in the past week
According to data from CryptoSlam, the NFT market has seen a significant correction in the past week, with total sales falling by 49.77% to $152.7 million. However, market participation indicators show that interest among both new and old traders continues to grow: The number of NFT buyers increased by 50.97%, reaching 531,208 people; the number of NFT sellers increased by 47.14%, reaching 308,666 people; the number of NFT transactions decreased by 13.26%, amounting to 1,477,340; there was a significant decrease in NFT sales 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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