🌐 Bitcoin chain NFT sales hit a 7-month low! 🔍
According to the latest data, Bitcoin chain NFT sales in May were only $190 million, the lowest level in the past 7 months. Despite this, the total sales of NFTs on the Bitcoin chain have exceeded $3.95 billion. Here are some key data:
📉 May sales: $190,067,268.88
📉 Total transactions: 150,000
👥 Unique buyer addresses: 61,072
👥 Unique seller addresses: 45,414
Although sales have declined, these figures show that NFTs on the Bitcoin chain still attract a large number of buyers and sellers. The reason is that market volatility and the overall economic environment may have affected sales.
💡 My opinion:
Market adjustment period: The current downturn may be part of the market's self-adjustment. Every market has peaks and troughs.
Long-term potential: Despite the poor performance in the short term, the total sales of NFTs on the Bitcoin chain exceeded US$3.95 billion, showing its huge market potential.
Diversified demand: In the future, with the launch of more high-quality NFT projects and the improvement of the ecosystem, the NFT market on the Bitcoin chain is expected to resume growth.
🌱 Future Outlook:
Although the current sales volume has declined, the NFT market on the Bitcoin chain is still full of potential. We can expect more innovative and high-quality NFT projects to emerge and attract more investors and collectors.
