๐NFT sales took a nosedive in Q2 2024, dropping 45% from Q1's $4.1 billion to a measly $2.24 billion. ๐ฑ June's average NFT sale value also plummeted 59% from March. Is this the end of the NFT era or just a market correction? ๐ค
Meanwhile, Bitcoin's gloomy forecast isn't helping either. Some say it might even dip to $50k! But hey, it's not all doom and gloom. Solana-based NFTs hit a record $5 billion in sales volume in February, and Bitcoin-based NFTs are climbing up the ranks too!
So, what's your take on this? Is it time to panic or just hold on tight? Let's chat in the comments! ๐ #NFTs #Bitcoin #CryptoMarketTrends