Cryptocurrency Q&A Do people still buy NFTs in 2024?

Do people still buy NFTs in 2024?

CryptoAlly CryptoAlly Sat Nov 09 2024 | 6 answers 1164
I'm wondering if people are still purchasing NFTs in the year 2024. With the changing trends and market dynamics, I'm curious to know if there's still a demand for these non-fungible tokens. Do people still buy NFTs in 2024?

6 answers

charlotte_anderson_explorer charlotte_anderson_explorer Mon Nov 11 2024
In June 2024, CryptoSlam reported significant figures regarding NFT sales.

Was this helpful?

136
57
Raffaele Raffaele Mon Nov 11 2024
The total sales amounted to approximately $450 million during this period.

Was this helpful?

81
47
MysticInfinity MysticInfinity Mon Nov 11 2024
This figure represents a substantial decrease when compared to previous peaks.

Was this helpful?

340
67
Pietro Pietro Sun Nov 10 2024
Specifically, the peak monthly sales in January 2022 reached around $6 billion per month.

Was this helpful?

247
69
Sara Sara Sun Nov 10 2024
The decline observed in 2024 suggests a slowdown in the NFT market.

Was this helpful?

142
89
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts