NFT market sales decrease by more than 50%

After the sales of non-fungible tokens (NFT) had shot up in August, the first week of the NFT sales in September was terrible. Statistics show that the number of sales in mid -August achieved a maximum of 193,693 sales, but on September 10, 86% collapsed to 27,053 sales. The metrics of the most frequently used marketplaces show that the volume after the same fallout of the cryptocurrency market decreased significantly four days last year.

NFT sales and trading volume decrease

So far, September has not been the best month for NFTs and sales in this area. Last month, the markets for non -fungible tokens (NFT) recorded record sales and a number of individual NFTs from the hottest collections that were sold for the highest dollar.

according to non -fungible.com ’s market history were billed on August 16, 193,693 and this number then fell 62 % to 73.154 on August 22nd. From 73,000 sales, however, 88% rose to 138,109 sales on August 30th and since then sales have started a free fall on the 27,053 sales on Friday on September 10th.

OpenSea volume falls by more than 50 %, popular NFT collection volume decreased by 80 %

dappradar.com metrics show that the most popular NFT marketplace, OpenSea, has suffered a volume loss of 52.47 % in the last seven days. OpenSA still achieved sales of $ 639.6 million in the last week, but also lost around 6% of the NFT dealers.

The volume of the foundation has dropped by 22 % in the past seven days and the volume of rarible by 28 %. Tezo's NFT market called HIC ET Nunc lost 26% and the volume of superrare.co fell by 67% on September 11, 2021. Interestingly, the volume of Decentraland rose by 17% last week and the nuclear market of wax blockchain rose by 1.44% this week.

NFT collections also suffered this week when many of the top NFT collections recorded considerable sales last month. Seven-day statistics from Dappradar show that Axie Infinity's NFT trade volume has dropped by $ 147 million.

The NFT volume from the prey collection (for adventurers) has decreased by more than 80 % in the past seven days. The Bored Ape Yacht Club (BayC) decreased by 46 % last week and the volume of cryptopunks by 61 %.

What do you think of the declining sales and trade volumes of non -fungible tokens (NFT) after the record sales in August? Let us know your opinion on this topic in the comments below.

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