NFTs and metaverses

NFT Market Volume Drops 50% This Week

According to the latest data from CryptoSlam, the market There has been a significant correction: over the past seven days, total sales have fallen by 49,77% to $152,7 million. Last week, this figure exceeded $302,2 million. The number of transactions has fallen by 13,26% to 1,47 million.

Despite such a sharp decline in trading volume, the activity of non-fungible token holders has increased significantly. The number of buyers NFT increased by 50,97% and amounted to 531, the number of sellers increased by 208% to 47,14.

Sales NFT on the fell by 62% to $75,3 million, while online buyers increased by almost 43% to $21,6 million.

Top Blockchains by Sales Volume NFT

The Bitcoin blockchain also saw a 30% drop in sales to $28 million and an increase in the number of buyers to 59, up 311% from the previous week.

Network retained its third place in terms of trading volume. However, this week they fell by almost 59% to $13,9 million. User engagement increased by 68,43% to 180 people.

In some blockchains, sales increased: in Mythos Chain — by 4,38%, to $11,4 million, in ImmutableX — by 15,93%, to $8,1 million.

Of all NFT-collections, the most serious decline occurred in . Their sales fell by 76,65% to $12,6 million. The number of transactions decreased by 71,82%, and buyers — by 69,92%.

Source

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