Cryptocurrency News

NFT volume sees yearly low in June, but first-time buyers remain consistent

07/14/2022

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2022.07.14 03:36

NFT volume sees yearly low in June, but first-time buyers remain consistent

Blockchain analytics service Nansen has published its NFT Indexes Report for the second quarter of 2022, showing the market dynamics and quantitative performance of nonfungible tokens (NFTs) over the last three months.

The report identifies and determines key factors contributing to the well-documented NFT bear market, including Ethereum-based volume and transactional metrics, as well as market capitalization, among others.

Monthly NFT returning vs. first-time buyers. Source: Nansen

07/14/2022

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