NFT Sales Decline 87% Over the Past 8 Months; Downtrend Continues

The monthly average number of NFT sales has seen a steep 87% drop from its top in Aug’21 and has been on a continuous decline over the past 8 months.

Both the number of buyers as well as the number of sellers in the NFT space have seen an ~80% drop in the past 6 months. Similar to the sales metrics, these figures have also been continuously dropping with no sign of a bounce back.


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