NFT sales fell 45% in the second quarter of 2024, in line with Bitcoin's bear market trend. Data from CryptoSlam reveals that NFT sales fell to $2.24 billion, the lowest level since Q3 2023. This sharp decline contrasts with $4.10 billion sales in Quarter 1 2024, when sales continued the growth trend of $2.90 billion in Q4 2023.
June 2024 also saw a significant decrease, with the average NFT sales value falling by 59% compared to March. This month is also expected to record the lowest number of NFT transactions since March 2021.
NFT market sales decline by 45% in the second quarter of 2024
2024-06-26 20:06:39
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