Monthly NFT sales fall below $400M, marking yearly low
NFTs saw a sharp decline in August 2024, with monthly sales dropping to $374 million the lowest this year.
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NFTs saw a sharp decline in August 2024, with monthly sales dropping to $374 million the lowest this year.
Forbes partners with OKX Wallet for fast-track access to its NFT-gated member community, offering exclusive access to high-profile events and the Forbes Inner Circle.
Donald Trumps latest NFT collection sparked criticism, with some describing the former presidents crypto push as a grift.
Bitcoin Runes has recorded 15.6 million transactions and generated $162.4 million in fees in four months.
NFT sales volumes have rebounded across major blockchains, and Polygon has taken the lead with a 123.20% increase.
SideShift.ai CEO Andreas Brekken believes CryptoPunk #5822 was most definitely sold at a loss and that NFTs are going to zero.
The most expensive CryptoPunk ever purchased was transferred for an undisclosed amount on Aug. 19, causing speculation about its sale price.
The actual sale amount was not disclosed, leading community members to speculate that the NFT was sold at a loss.
Manchester United releases exclusive digital player trading cards on Tezos, revolutionizing fan engagement with real-time updates and a Web3 fantasy football game. (Read More)
Despite having a lesser sales volume, NFTs showed a 73% increase in transactions recorded in July.
Toshiuki Otsuka, who founded a snap-to-earn platform, strongly opposed the narrative and argued that NFTs are "evolving."
Marc Cuban has offloaded some NFTs, while overall NFT sales volume dropped by 45% in Q2.
MetalCores CB3 launches on June 27. It integrates NFTs and SHARDS, a new offchain currency, and aims to appeal to both Web2 and Web3 gamers.
Italy and Argentina unveil digital collectibles to celebrate their championship legacies. (Read More)
NFT sales dropped from $1 billion in April to $624 million in May, with Bitcoin, Ethereum, and Solana-based digital collectibles significantly declining.
Gala Music unveils The Hot Box Mystery Box, featuring exclusive music NFTs, digital rewards, and surprise giveaways in collaboration with Metaflora and LionHeart Entertainment. (Read More)
Polygon NFTs surpassed Ethereum in weekly sales. Polygon captured nearly a quarter of the NFT market with $22.3M in sales.
BitPinas revisits the most iconic NFT collections of the 2021 bull runincluding CryptoPunks, BAYC, Azuki, and moreand compares their peak values to current prices in 2025.
The CEO of Pudgy Penguins — a nonfungible token project that recently launched a line of “phygitals” on Amazon despite the bear market — has offered one piece of sage advice to budding projects: Stop talking about crypto. Speaking with Cointelegraph, 24-year-old entrepreneur Luca Netz said that many NFT projects overwhelm people with Web3 jargon [...]
The post Stop shoving crypto ‘down people’s throats’ — Pudgy Penguins CEO on NFTs appeared first on Crypto Breaking News.
Investments in top NFT projects such as Doodles, Invisible Friends, Moonbirds and Goblintown have lost up to 95% of their value in Ether.
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