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19 September 2021

NFT Market Sales Drop by More Than 50% — Popular NFT Collection Trade Volumes Nosedive – Market Updates Bitcoin News

NFT Market Sales Drop by More Than 50% — Popular NFT Collection Trade Volumes Nosedive – Market Updates Bitcoin News


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Statistics show the number of sales in mid-August tapped a high of 193,693 sales but plummeted 86% to 27,053 sales on September 10.

Last month, non-fungible token (NFT) markets saw record sales and a number of individual NFTs from the hottest collections sold for top dollar.

According to nonfungible.com’s market history, on August 16, 193,693 sales were settled and that number subsequently fell 62% to 73,154 sales on August 22.

However, from 73K sales spiked 88% to 138,109 sales on August 30 and ever since then, sales have been on a free fall to Friday’s 27,053 sales on September 10.

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