Is the NFT Boom Over? Trading Volumes Hit 12-Month Lows

Key Takeaways

  • NFTs are struggling to maintain the parabolic growth they experienced during the bull market.
  • OpenSea trading volumes have plummeted, dropping from $3.1 billion in May to $826 million in June.
  • Despite the lack of NFT trading activity, some established projects have held their value in ETH terms.

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