Alarming Downturn: NFT Sales Volume Crashes to Yearly Low
2025-12-09 18:05
BitcoinWorld Alarming Downturn: NFT Sales Volume Crashes to Yearly Low The once-booming NFT market is facing a stark reality check. Recent data reveals an alarming downturn , with NFT sales volume plunging to its lowest point of the entire year in November. This significant drop signals a deepening slump that has left investors and creators searching for answers. Let’s break down the numbers, explore the underlying causes, and consider what the future might hold for digital collectibles. How Bad Was the NFT Sales Volume Crash? According to a report from Cointelegraph citing CryptoSlam data, the figures are sobering. Total NFT sales volume for November reached just $320 million. To understand the scale of the decline, consider this represents a staggering 66% decrease from the market’s performance in January. The trend didn’t improve as the year wound down. Sales from December 1st to 7th amounted to a mere $62 million, marking...
