NFT Market Collapse: August Sales Plummet Below $400M for the First Time in 2024

TL;DR August 2024 NFT Sales Drop: NFT market sales fell to $374 million in August, marking the first time this year that sales dipped below $400 million. Significant Decline from Peak: The market saw a 76% drop from its March 2024 peak of $1.6 billion, highlighting ongoing struggles. Transaction Trends: Despite fewer transactions, the average ... source: https://crypto-economy.com/nft-market-collapse-august-sales-plummet-below-400m-for-the-first-time-in-2024/