Blockchain
NFT Sales Sink To 2025 Low As Market Cap Drops 66% From January Peak
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Non-fungible tokens (NFTs) have fallen to their lowest monthly sales volume this year, with digital collectibles declining by over 66% in market capitalization from their January highs.
CryptoSlam data shows that NFT sales declined to $320 million in November, about half of the $629 million recorded in October. The drop pulled the monthly volumes back to levels not seen since September 2024, when digital collectible sales hit $312 million.
The data also shows that from Dec. 1-7, NFTs generated $62 million in sales, marking the weakest weekly total…
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