2024-09-23 00:50
IndustryNFT sales fell below $400 million in August
Sales in the NFT market fell to $374 million in August, marking the first time this year that sales fell below $400 million.
The market is down 76% from its March 2024 peak of $1.6 billion.
Despite fewer transactions, the average value per transaction rose 27%, indicating larger deals amid the overall market decline.
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NFT sales fell below $400 million in August
| 2024-09-23 00:50
Sales in the NFT market fell to $374 million in August, marking the first time this year that sales fell below $400 million.
The market is down 76% from its March 2024 peak of $1.6 billion.
Despite fewer transactions, the average value per transaction rose 27%, indicating larger deals amid the overall market decline.
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