NFT, GameFi Sectors Show Optimistic Trends: DappRadar
On-chain indicators signal a recovering crypto market, said DappRadar in its Q3 report. Despite starting on a promising note, the global macroeconomic environment influenced and adversely impacted the crypto market, which sustained several damaging corrections. The same could be said for the NFT market.
The NFT trading volume soared by 10.4% in September alone compared to the previous month. Furthermore, the sales count increased by 21%, which was indicative of the fact that the NFT business continues to be in great demand. The overall drop in trading volume, on the other hand, may have been contributed by the decline in the values of the cryptocurrency market. The report also revealed that NFT trading volume on Ethereum has nosedived by 76% from Q2.
Source
https://t.me/CryptoMarketUpdates
