It's surprising to see such a significant drop in NFT market activity. This decline raises questions about the future of NFTs and what factors are driving the downturn in 2024.
Binance News
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NFT Market Transaction and Sales Volume in 2024 Hit Lowest Levels Since 2020
The NFT market experienced a significant downturn in 2024, with both transaction volume and sales volume falling to levels not seen since 2020, according to a report from ChainCatcher.Key findings include:Transaction Volume: Dropped by 19% compared to 2023.Sales Volume: Declined by 18% year-over-year.
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