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Ethereum dominated the volume throughout the year, capturing nearly 75 percent.
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Global NFT sales volume fell by over 12 percent in the past 24 hours.
Digital assets are gradually coming back on track but are far from their all time highs recorded in 2021. Trading volume of top ten blockchains in non-fungible token (NFT) market has plunged significantly. It stood at $11.8 Billion, which is only 44 percent of the sales 2022 registered.
Bitcoin Ordials Helped Pushing The Volume
According to data aggregator CoinGecko, these chains managed $26.3 Billion in volume. At the beginning of 2023, it appeared like the market was gaining pace as it saw a meteoric rise between January and February 2023. However, it wasn’t the case as a series of downtrends remained in existence between February and September 2023.
Source: CoinGecko
First quarter of the year registered $4.5 Billion in NFT volume followed by $2.7 Billion in Q2 2023 and $1.4 Billion in Q3 2023. How
We współpracy z: https://www.thecoinrepublic.com/2024/01/19/top-nft-blockchains-2023-volume-not-even-half-the-2022-level/
