NFT Sales Volume Down by Nearly 55% Amid Crypto Downturn

 
Sales of non-fungible tokens (NFTs) have plunged by more than 54% over the past week as the crypto market dropped sharply.
Over the course of the past week, NFT sales volume reached USD 25m, a drop of 54.6% compared to the earlier week, according to data by NonFungible.com.
Similarly, the number of NFT sales, average value of NFTs, and secondary sales have all taken a plunge, dropping by 22.2%, 41.8%, and 56.7%, respectively….
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