It’s been a rough period for the NFT industry that once drove the crypto bull run. NFT’s weekly trading volume dwindled from $1.4B to $45M, Yuga Labs is laying off people in light of decreasing revenue and needing to re-focus .. NFT weekly trading volume in USD (ref: @hildobby’s Dune chart) However, events and metrics […]
Is it the end? October 9th, 10th, and 11th are recorded as the lowest trading days on the Ethereum network. September also showed the lowest volumes, returning to the values of summer 2021. Obviously, we will have even lower volumes in October than in September. Opensea monthly volume chart Are NFTs dead? Should you return […]