NFT Sales Are Down 92% During Broader Crypto Downturn

Non-fungible token (NFT) sales have dropped to new lows amid a broader downturn in the crypto market. Data research firm Chainalysis reports that NFT sales totaled $1 billion in June. That’s their worst performance since June 2021, when sales were $648m. NFT sales reached their peak in 2022, with sales totaling $12.6 billion that month. […]
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