NFT Sales Fell +30% Last Week To $119M – InsideBitcoins
The global non-fungible token market is experiencing a short bear season in recent weeks, after retesting a significant resurgence in the 4th quarter of 2024. In yet another week, the non-fungible token market has plunged again, recording a trading sales volume of $119 million. In the past seven days, the NFT market sales have plunged by 33% from the previous week. NFT Sales Fell +30% Last Week Data compiled by cryptoslam.io, a crypto market data aggregator and a multi-chain non-fungible token collection explorer, shows that the global non-fungible token market has slightly plunged in trading sales volume again this last week. From February 03 to February 09, the global non-fungible token market amassed a trading sales volume of over $119 million, down 33% from the previous week. The NFT market raised a trading sales volume of $141 million in the last week of January. Ethereum, the blockchain network renowned in the NFT market for hosting the majority of blue-chip non-fungible ...