According to recent data, sales of non-fungible tokens (NFTs) over the last week declined by 1.31% to $ 308.23 million, a decrease of $ 4.09 million from the prior week’s $ 312.32 million. NFTs centered around Bitcoin remained at the forefront among 21 distinct blockchain networks, experiencing a 4.10% uptick in sales …
Market Dynamics Shift as NFT Sales Tumble 63% Year Over Year
According to recent statistics on non-fungible tokens (NFTs) for the past year, sales hit $ 8.70 billion in 2023. This figure represents a $ 15.04 billion or 63.35% decrease in NFT sales compared to the previous year. 2023’s NFT Sales Volume Declined Sharply, but Year-End Market Dynamics Hint at Diversity and Growth Throughout …
Bitcoin Reigns Supreme in NFT Market With Record-Breaking $853 Million in December Sales
In November, Bitcoin clinched the leading position in monthly non-fungible token (NFT) sales, and interestingly, this month Bitcoin continued to retain its top status, amassing a total of $ 853 million in sales. NFT Sales Surge: Bitcoin Holds Top Spot With Unprecedented December Rise Although NFT sales have declined in the past week, …
NFT Sales Dip — Bitcoin Dominance and Solana’s Rise Challenge Ethereum’s NFT Authority
In the last week, sales of non-fungible tokens (NFTs) have fallen by 12.26%, totaling $ 463.87 million, marking a decrease from the previous week. NFTs centered around Bitcoin topped the chart, amassing $ 265.61 million in sales, despite a 13.71% decline from the preceding week. Meanwhile, Solana NFTs climbed to the second rank, …
Bitcoin Solidifies Lead Over Ethereum in 2023 — Dominates in Market Cap, NFT Sales, and Fee Generation
In the past year, the leading cryptocurrency, bitcoin, has eclipsed ethereum in multiple key areas. From the beginning of the year to date, the value of ether has diminished by 27.65% relative to bitcoin’s price, falling from 0.073 ether to its current level of 0.052 ether. Bitcoin Reigns Supreme in 2023, Outpacing Ethereum in Several […]