NFT Market Major Reshuffle! Sales Plummeted by 49%, New Players Flood In!
According to data from CryptoSlam, the NFT market experienced severe fluctuations in the past week: total sales plummeted by 49.77%, from $302.2 million to $152.7 million! However, the market is not silent — the number of buyers surged by 50.97%, exceeding 530,000; sellers also increased sharply by 47.14%, reaching over 300,000!
Despite the number of transactions decreasing by 13.26%, with only 1,477,340 transactions, this pullback seems like a deep breath, creating more opportunities for both new and old players. The decline in sales contrasts sharply with the surge in participation, suggesting that market vitality still exists and may even be brewing a new breakthrough.
Is this storm a retreat or a buildup before a bull market? Only time will reveal the answer. For the next step of NFTs, if you want to know the hardest core interpretation, stay tuned to Tang Ge, we will get to the truth!
