NFT Market Q2 2024 Sales Slump 45%
In the second quarter of 2024, NFT sales fell 45%, in line with Bitcoin's bearish trend.CryptoSlam's data reveals that NFT sales fell to $2.24 billion, the lowest level since the third quarter of 2023. This sharp decline contrasts with the $4.1 billion in sales in the first quarter of 2024, when sales continued a $2.9 billion growth trend in the fourth quarter of 2023. June 2024 also saw a significant decline, with the average NFT sales value down 59% from March. This month is also on track to record the lowest number of NFT deals since March 2021.
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.
You may also like
Gold Pullback: How Traders Can Identify Potential Entry Points
Taaleri completes first tranche of Fintoil private financing round, invests EUR 25 million
BlackRock Smaller Companies Trust NAV at 302.84p at close of business Aug. 27
Crypto prices
More
