Declining trend in NFT sales despite rising crypto prices

Declining trend in NFT sales despite rising crypto prices

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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We współpracy z: https://en.cryptonomist.ch/2023/10/04/price-nft-falling-despite-growth-crypto/

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