NFT Sales Have Dropped by Nearly 50% Since January: DappRadar Data

The DappRadar report also noted that the shifts in trading volume and network activity may be partially attributed to “the emerging popularity of ‘low barrier entry’ NFTs. These assets, smaller in individual value, cater to a wider audience,” and “a broader shift in the NFT market towards platforms that offer more affordable and accessible NFT options.”

Source: https://www.coindesk.com/web3/2023/08/03/july-was-a-terrible-no-good-very-bad-month-for-nfts-dappradar-report-shows/?utm_medium=referral&utm_source=rss&utm_campaign=headlines