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.
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