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NFT-momentum-continues-downward-per-AltIndex

NFT momentum continues downward per AltIndex


Wednesday, March 27, 2024 by

Ever since reaching a peak in September 2021, global NFT sales have been consistently falling as collectors spend less and less money on digital artwork. Although revenues of NFT marketplaces are still expected to see double-digit growth, rising by 41% year-over-year to $2.37 billion in 2024, the market is losing its momentum, and this trend is set to continue in the fo...