BTCC
/
BTCC Square
/
decryptCO
/
NFTs Are Selling Like Hotcakes as Prices Drop—But Trading Volume Crashes: DappRadar Report
NFTs Are Selling Like Hotcakes as Prices Drop—But Trading Volume Crashes: DappRadar Report
18
2
Floor prices are tanking, wallets are flipping—and the NFT market's sending mixed signals again.
Cheaper JPEGs fuel sales surge
DappRadar data shows unit sales climbing as entry points shrink. Speculators pounce on 'discounted' Bored Apes and CryptoPunks like hedge funds at a liquidation sale.
Volume tells the real story
Total trading value nosedives despite transaction spikes. Turns out nobody cares about your 0.1 ETH Moonbird when the whole market's down 80% from ATH.
Retail's back—until the next rug pull
Mainstream buyers dip toes in shallow waters, blissfully ignoring that most NFTs still trade like illiquid penny stocks. But hey—at least the gas fees are low this time.
Daily Debrief Newsletter
Start every day with the top news stories right now, plus original features, a podcast, videos and more.Your EmailGet it!Get it!
By:
Previous
Own a Piece of Mars: Rare Meteorite Now Available for Bitcoin—Starting at $4M
Next
Bitcoin Whale Shakes Market: $8B in Dormant BTC Makes ’Largest Daily Transfer’ Ever Recorded
