In June, activity in the non-fungible token (NFT) market increased after it bottomed in May, while average prices seem to be still dropping. For example, yesterday, the number of weekly NFT sales reached 36,050, compared with a low of 12,976 in May, per Nonfungible.com data. Meanwhile, the value of weekly sales was USD 25.8m yesterday, it dropped to almost USD 10m in June.
In June, activity in the non-fungible token (NFT) market increased after it bottomed in May, while average prices seem to be still dropping. For example, yesterday, the number of weekly NFT sales reached 36,050, compared with a low of 12,976 in May, per Nonfungible.com data. Meanwhile, the value of weekly sales was USD 25.8m yesterday, it dropped to almost USD 10m in June.
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