Cryptocurrency News Today TheBitTimes.com

The non-fungible token market has slightly shrunk in trading sales volume this week. In the past seven days, the global NFT market has raised a trading sales volume of over $136 million, down 15% from the previous week. This negative growth indicates many non-fungible token investors have slightly shifted focus from the non-fungible token market and rushed to the crypto market, which retested some hype this week. NFTs Weekly Sales Volume Falls 15% Data compiled by CryptoSlam.io, an on-chain crypto market data aggregator and a multi-chain non-fungible token collection explorer that tracks non-fungible token collections from over 20 blockchain networks, shows that the non-fungible token market has plunged in terms of sales this past week. From August 18 to August 24, the non-fungible token market has amassed a trading sales volume of $136 million. During this time, the NFT market sales volume has plunged 15%. Ethereum, the blockchain network renowned in the NFT market for hosting...

The non-fungible token market continues evolving beyond initial hype and is now moving from speculative collectibles to utility-driven assets embedded across industries. However, the market for NFT collections has not fully moved out of the bearish phase. In yet another week, the global NFT market has recorded a trading sales volume of $102 million, down 20% from the previous week. In this article, we shall explore what collectors and traders should expect in the market in the coming weeks. NFT Sales Plunge +20% This Week Data compiled by CryptoSlam.io, an on-chain 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 this last week of May. From May 26 to June 01, the global non-fungible token market has recorded a trading sales volume of $102 million, down 20% from the past week. Despite the recent plunge, the number of traders buying the non-fungible ...