🔥 Trading volume #NFT on mainnet #Ethereum decreased by 66% in 2 months
This sharp decline reflects the cooling of the NFT market after its initial boom. The reason may be from a lack of trust in the NFT market during a difficult economic situation and the fact that many people only participate to make short-term profits.
But looking at the positive side, this also helps purify the market, eliminating poor quality projects, leaving behind truly valuable promising projects. This is the maturation of the NFT space, as real demand will shape its future.