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September Marks the Worst Month in NFT History. The Industry Loses Buyers

September Marks the Worst Month in NFT History. The Industry Loses Buyers
The third quarter of 2023 has been challenging for the non-fungible tokens (NFTs) market, with sales hitting their lowest point since the last quarter of 2020. September alone recorded a dismal sales figure of around $300 million. This downturn is primarily attributed to a significant drop in average sales prices and floor prices of popular collections.The Downward Spiral of NFT SalesThe NFT market has been on a downward trajectory, particularly in September, which saw the worst sales figures si... Read More
Posted: Oct 23 2023, 09:06
Author Name: financemagnates
Views: 042313

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