📉 NFT Market Continues to Drop in September!

- NFT sales reached just $296 million, down 20% from August and down 81% from the peak of $1.6 billion in March 2024.

- The number of NFT transactions decreased by 32%, from 7.3 million (August) to 4.9 million (September).

- However, the average value per transaction increased by 18%, from $50.71 to $60.

🇺🇸 SEC takes aim at NFTs:

- OpenSea receives notice from SEC that some NFTs may be unregistered securities.

- Flyfish Club fined $750,000 for selling NFTs.

- Pudgy Penguins CEO calls SEC action "unreasonable".

💬 What do you think about the future of NFTs? Comment below! 🚀#Crypto#NFT#Blockchain#BTC