OpenSea’s NFT volume down 50% after monumental surge in August
Cointelegraph
Published Sep 10, 2021 05:15PM ET
Updated Sep 12, 2021 07:40PM ET
Following a colossal surge of $4B sales volume throughout the month of August for the leading nonfungible token, or NFT, marketplace OpenSea, recent figures indicate a metaphoric return to earth after propulsion to the mighty heights of the moon.
NFT marketplaces have largely paralleled the bearish momentum witnessed across the cryptocurrency markets across the last week, as platforms, collections and floor prices all suffer corrections.
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Written By: Cointelegraph
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