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NFTs Hit By Unstable Market As Multiple Projects Post Monthly Losses Amid Declining Volumes

Recent data from non-fungible token (NFT) marketplaces show a sharp decline in transaction volume and prices with several projects posting double-digit losses. According to data for Nansen, “blue chip” NFTs have recorded...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

NFTs Hit By Unstable Market As Multiple Projects Post Monthly Losses Amid Declining Volumes
Recent data from non-fungible token (NFT) marketplaces show a sharp decline in transaction volume and prices with several projects posting double-digit losses.
According to data for Nansen, “blue chip” NFTs have recorded up to 25% NFT losses as the sector marks the lowest point since April 2021. ...
Read More: NFTs Hit By Unstable Market As Multiple Projects Post Monthly Losses Amid Declining Volumes

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This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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