NFT markets slump as weekly sales volume dives 30%

2022.05.09 11:32

NFT markets slump as weekly sales volume dives 30%

The nonfungible token (NFT) collections by Yuga Labs have experienced a dramatic downturn in transaction volume over the past 24 hours.

Otherdeed is down just over 50%, Mutant Ape Yacht Club (MAYC) is down 46% and Bored Ape Yacht Club (BAYC) is down 25%, according to data from NFT market tracker NFTGo.

24hr market analysis by NFTGONFT sales volumes are down. CryptoslamActive wallets and unique NFT buyers are way down in May. NonFungible

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