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NFT Market Slips in May Despite Buyer Growth and Gains From Bitcoin, Avalanche
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 NFT buyers climbed by 16.45% and sellers edged up by 1.57%, based on data from cryptoslam.io, total sales told a different story. Ethereum-based NFTs held the lead with $140.39 million in sales, accounting for roughly 29.63% of May’s total volume.

NFT Market Slips in May Despite Buyer Growth and Gains From Bitcoin, Avalanche
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 NFT buyers climbed by 16.45% and sellers edged up by 1.57%, based on data from cryptoslam.io, total sales told a different story. Ethereum-based NFTs held the lead with $140.39 million in sales, accounting for roughly 29.63% of May’s total volume.

https://news.bitcoin.com/nft-market-slips-in-may-despite-buyer-growth-and-gains-from-bitcoin-avalanche/