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nft sales down 25% to $134 million, cryptopunks crash 59%… ethereum still king, bnb and polygon in the
nFt sAleS dRoP 25% 2 $ 134m, cRyPtOpUnKs pLuNg
The NFT market experienced a notable decline in sales volume, with a significant drop to $134 million, indicating a shift in market sentiment 📉
The NFT market saw a significant drop in sales volume, plunging by 25.78% to $134 million. The reversal comes after a previous week of growth 📉. Despite the decline, market participation increased, with NFT buyers up by 25.74% and sellers by 25.91%. Transactions also rose by 6.26% 📈.
Cryptoslam data reveals Ethereum maintained the top spot in sales, with $60.7 million, a 41.63% drop from the previous week. Ethereum wash trading fell to $13.5 million. BNB and Polygon saw gains, ranking second and third, respectively 📊.
NFT sales drop from $ 25% to $ 134 million, cryptopunks plunge 59%
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