NFT sales recorded another decline this week, dropping 9.91 per cent from the previous week, despite a rise in the price of crypto.
Specifically, according to the data, in the period from 24 September to 1 October 2023, NFT sales totalling around $72,767,450 were transacted, representing the last week of available data. See below for full details.
The disconnect between the crypto and NFT markets: an in-depth price analysis
As expected, despite an overall growth in the crypto economy last week, NFT sales recorded their sixth consecutive decline.
Specifically, in the period between 24 September and 1 October 2023, total NFT sales reached $72.76 million, a decrease of 9.91% compared to the previous week.
Meanwhile, the number of NFT buyers increased by 17.77% to 569,407 and the number of NFT sellers increased by 15.82% to 714,889 last week.
Among the twenty-two blockchain networks tracked for NFT sales, Ethereum maintained its lead with sales of $37.27 million, accounting for 51
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