According to Cryptoslam data, the strong NFT market at the beginning of this year is now in a downward trend. Various indicators, including sales volume, the number of sellers and buyers, have declined, and the average market price has also seen a significant decrease. NFT (non-fungible tokens) The average sales price of NFTs dropped sharply from US$193 in March this year to US$78 in June, a quarterly decrease of about 60%. The market's enthusiasm for NFT speculation and buying in the second quarter was far less than that in the first quarter of this year.
The total sales volume of the NFT market in the first quarter of this year exceeded US$4.1 billion, a significant increase compared with US$2.9 billion in the first quarter of 2023 last year. However, NFT sales volume in the second quarter of 2024 fell sharply, with quarterly sales volume of approximately It was US$2.28 billion, the lowest level since the third quarter of 2023. If you break down the sales data more granularly, you will find that the situation is deteriorating. Sales in May were US$616 million, down from US$1.2 billion in April. more than 50%.
Not only is sales volume down, but other metrics such as the number of unique traders are also down. In the first quarter of this year, there were approximately 22,000 unique NFT sellers and 33,000 buyers. In the second quarter, the number of unique sellers and buyers dropped to 17,000 and 33,000 respectively, which was different from the first quarter. Slip less.
Statement: The article only represents the author's personal views and opinions, and does not represent the objective views and positions of the blockchain. All contents and opinions are for reference only and do not constitute investment advice. Investors should make their own decisions and transactions, and the author and Blockchain Client will not be held responsible for any direct or indirect losses caused by investors' transactions.
〈MICA Daily｜Affected by the market downturn, NFT sales dropped 45% quarterly〉 This article was first published on "Blocker".