US EditionNFT Market Slips in May Despite Buyer Growth and Gains From Bitcoin, Avalanche
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The month of May reserved a bitter surprise for NFT supporters. While Bitcoin has shone by a significant increase in its volumes in the non-fungible token market, the whole sector has plunged into a new phase of retreat. Evidence that the health of a flagship asset is not always enough to pull a whole ecosystem up. The article The NFT market declines in May despite the good results of Bitcoin appeared first on Cointribune.
NFT Market Slips in May Despite Buyer Growth and Gains From Bitcoin, Avalanche – Crypto News Bitcoin News
Based on the most recent figures, non-fungible tokens (NFTs) generated approximately $474 million in sales throughout May, marking a 21.25% decline compared to April’s total. NFT Market Declines in May NFT sales maintained their downward trajectory in May, with monthly figures falling short by $127.9 million compared to the prior month. Although the number of […]
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