NFT Market Contrasts Increased Buyers with Declining Sales

Despite a surge in NFT buyers, sales volume for non-fungible tokens (NFTs) recently experienced a decrease. Data from CryptoSlam reveals that sales volume dropped by 7.87% over the past seven days, reaching $99.9 million. 📈 This decline coincides with an increase in the number of active buyers: 24.38% more buyers have joined the NFT market, totaling 560,845 individuals. However, overall transactions also fell by 9.12%, down to about 1.44 million. 📉