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TechFlow reports, according to Binance Research data, the NFT market continued its downward trend in September, with monthly trading volume dropping to $290 million, hitting a new low for the year.
Nansen's NFT-500 Index and Blue-Chip-10 Index have declined by 58% and 53% respectively since the beginning of the year. Overall, 2023 has seen NFT trading volumes nearly hitting new lows each month.
According to Binance Research data, the NFT market continued its downward trend in September, with monthly trading volume dropping to USD 290 million, a new low for the year. Nansen's NFT-500 Index and Blue-Chip-10 Index have declined by 58% and 53% respectively since the beginning of the year. Overall, for NFTs, 2023 has seen trading volumes hit new lows almost every month.
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