The Non-Fungible Tokens (NFT) industry has been a hub of innovation and growth over the past year, but as it approaches the midway point of 2023, the market is showing signs of maturation and change. According to a recent report by DappRadar, NFT sales could fall below $1 billion for the first time this year.
NFT Market Facing Headwinds
According to the report, the NFT market shows signs of a potential shift in May 2023, with the trading volume reaching $333 million from $2.3 million in sales, a trend that may result in the first month of this year with a trading volume under $1 billion.
Trending: Leaked FDIC Video: “We Can’t Tell The Public What’s Actually Happening…”
Despite this decline in sales, the NFT industry is still showing strong activity and engagement, with daily unique
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!