📈 NFT sales are booming, even as the broader crypto market takes a hit. Last week, NFT sales hit $109 million, an 8.1% increase, with transactions soaring by 45.57%. Top performers included Cryptopunk #2 and Solana's Boogle #089, fetching $386,916 and $191,517 respectively.

🔥 Despite the crypto slump, the NFT market remains resilient. Global NFT sales rose by over 5% in the past week, indicating a strong start for Q3. Ethereum, Solana, Polygon, Bitcoin, and Mythos Chain are leading the charge, supporting the robust growth of the NFT market.

🤔 Memecoins are gaining traction, driven by celebrity endorsements. Ethereum's founder, Vitalik Buterin, however, criticizes this trend, suggesting memecoins need a purpose beyond hype to survive long-term. Despite the memecoin trend diverting some attention, NFTs continue to demonstrate their value.

🎉 In conclusion, NFTs are showing resilience and potential for continued growth, despite broader crypto market challenges and the rise of memecoins. The NFT market remains a significant player in the digital asset space. #NFT #Crypto #Investment