According to blockchain data tracker CryptoSlam, global monthly NFT sales fell 89% in November compared to their all-time high of over $4.9 billion in January. The fall has threatened marketplaces, including those launched by GameStop and Coinbase Global, which sold once-high-profile digital assets. It is unclear how the platform is currently operating as DappRadar stopped reporting GameStop NFT sales on November 9th. While Coinbase NFTs recorded sales of over $533,500 on September 9, it recorded sales of over $5,000 on December 26, a drop of 99%. 1 NFT market by trading volume — recorded in the past 24 hours.
Source: Los Angeles Times July 29, 2023 20:36 UTC