NFTs are BACK?! 🚀 Sales Surge Signals Potential Comeback!
After months of decline, NFTs are showing signs of life! May saw a 15% jump in sales, hitting $430 million, the first monthly increase this year. Even better, transaction numbers are up, reaching 5.5 million!
What's driving this? More buyers are entering the market while the number of sellers is shrinking. This supply-demand imbalance could mean higher prices ahead! One analyst suggests NFTs linked to real-world assets could be a major catalyst.
Will NFTs recapture their former glory, or is this just a temporary bounce? Only time will tell if the momentum in digital collectibles will follow broader crypto market trends.
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