en
Back to the list

NFT Sales Doldrums: 30-Day Plunge Sees 34% Decline Amidst Chilling Digital Collectible Sector 

source-logo  news.bitcoin.com 24 September 2023 21:53, UTC
image

Fresh data indicates a continuing decline in non-fungible token sales, dipping 3.2% in the last week and plummeting 34% over the past month. As September nears its end with six days remaining, $NFT sales have tallied up to $341.37 million since August 24.

$NFT Sales Still Can’t Escape Crypto Winter’s Wrath

This September, over the last seven days, $NFT sales touched $78.88 million, marking a 3.2% dip from the preceding week, according to cryptoslam.io stats. 2023 has seen a consistent slump in digital collectible sales, and September is no exception.

The monthly tally stands at $341.37 million, a sharp 34.08% decline from the previous month. Ethereum continues its dominance in $NFT sales, raking in $177,743,112 over the last month.

However, it’s worth noting that ETH-centric $NFT sales have dropped by 41.84% since the month prior. Trailing Ethereum is the Mythos blockchain, registering $31.89 million in sales — a notable 24.86% surge from the month before. Following Mythos are Polygon, Solana, Immutable X, and Bitcoin in terms of 30-day sales.

Dmarket, Draftkings, Bored Ape Yacht Club, Gods Unchained, and Sorare top the charts in 30-day sales records. However, the latter three $NFT collections faced setbacks this month, while Dmarket and Draftkings enjoyed upticks ranging between 15% and 24%.

Ethereum’s crowning $NFT sale this month was a “Mega Zombie,” fetching a price of $800,044. Immutable X’s “Cross the Ages #223963” took second place, selling for $151,012. Rounding off the top three was a Bitcoin-based $NFT from the “OCM Dimensions” collection, which garnered $106,708.

2023 has proven challenging for $NFT investors, with prices taking a substantial hit. It’s been a chilling crypto winter, and NFTs haven’t been spared its icy grasp. The industry awaits, with bated breath, to see if $NFT markets will find their spring resurgence.

What do you think about the last 30 days of $NFT sales? Share your thoughts and opinions about this subject in the comments section below.

news.bitcoin.com