Decline in interest in NFTs has led to a drop in sales volume and general market capitalization over the last 30 days.he on-chain data provider found that the value of all Ethereum-minted NFTs sold during that period totalled ‘just’ $203 million.
So far this month, NFT sales volumes on Ethereum have totalled $88 million, marking a 63% drop from the $240 million recorded in April. This resulted in a decrease in NFT market capitalization. With a figure of $7.01 billion at the time of writing, the same is down by 12% since last month.CryptoSlam’s data revealed that NFT sales volume on the Bitcoin network plummeted by 48% during the period under review. This amounted to $329 million, exceeding Ethereum by 62.07%.
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Source: CryptoAmb - 🏆 22. / 68 Read more »