Friday, 4 August, 2023

Monthly NFT Sales Continue Decline, Hitting $495M in July

NFT (Non-Fungible Token) sales experienced their fifth consecutive month of decline, totaling $495 million in July. This data highlights a cooling trend in the NFT market after a surge in popularity earlier in the year. Despite the drop in sales, NFTs remain a prominent area of interest, with collectors and investors keeping a close eye on market dynamics and potential future developments.