#NFPCryptoImpact NFTs (non-fungible tokens) continue to attract the attention of investors and collectors. In November 2023, trading volume on NFT marketplaces exceeded $600 million, which was the highest figure since June of the same year. Blur was the leader among platforms with a share of 69%, while OpenSea accounted for only 23%.
Despite the growing interest, the NFT market is facing challenges. After peaking in 2021, prices for many collections have declined. For example, the price index of the largest projects has fallen by 16% in dollars since the beginning of 2023.
However, despite this, NFTs continue to evolve, integrating into various fields, including art and culture, attracting new projects and investors, which confirms their long-term potential.