NFT market trading volume fell by 11%, the number of buyers and sellers experienced a big dump of nearly 90%.

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[Chain News] On August 10, it was reported that data from the platform shows that the NFT market transaction volume fell 11% to $134.9 million over the past week; market participation has decreased, with the number of NFT buyers experiencing a big dump of 89.83%, down to 73,900 people, and the number of NFT sellers experiencing a big dump of 91.14%, down to 42,878 people. The number of NFT transactions saw a rise of 1.60%, reaching 1,781,919 transactions.

The Ethereum network transaction volume reached 58.5 million USD, but decreased by 23.43% compared to the previous week; the Polygon network transaction volume reached 17.8 million USD, with a rise of 56.90%. The Bitcoin network transaction volume reached 14.2 million USD, with a fall of 19.47%; the BNB Chain network transaction volume reached 13.6 million USD, with a rise of 33.54%.

High-value transactions this week include:

ETH2.56%
BTC-0.82%
BNB1.39%
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TokenCreatorOPvip
· 08-11 12:31
The Bear Market has arrived, what are you running from?
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Lonely_Validatorvip
· 08-10 07:45
Laughing to death, it's like a zombie resurrection.
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AirdropHarvestervip
· 08-10 01:08
The market is falling so much, it's a pity I'm still trapped in the buying the dip opportunity that the experts talked about.
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StakeWhisperervip
· 08-10 01:07
The bull run is still far away.
View OriginalReply0
GasFeeLadyvip
· 08-10 01:02
gwei watchers knew this was coming... classic bear trap pattern tbh
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FUD_Whisperervip
· 08-10 00:56
NFT has entered a cold winter, and the worst is yet to come.
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