NFT Sales Decline in September
The NFT market experienced a significant downturn in September, with sales falling to $296 million, marking a 20% decrease from August's $373 million, as per CryptoSlam data. This decline is particularly alarming as it represents an 81% drop from the peak of $1.6 billion in March 2024. This is the first time since January 2021 that monthly sales volume has fallen below $300 million, indicating a substantial contraction.
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