NFT momentum continues downward per AltIndex Ever since reach | Metaverse | Nfts | News
NFT momentum continues downward per AltIndex
Ever since reaching a peak in September 2021, global NFT sales have been consistently falling as collectors spend less and less money on digital artwork. Although revenues of NFT marketplaces are still expected to see double-digit growth, rising by 41% year-over-year to $2.37 billion in 2024, the market is losing its momentum, and this trend is set to continue in the following years. According to data presented by AltIndex.com, the annual growth rate in the NFT market is expected to drop to only 2.6% by 2028.
✅ Official Metaverse and NFT Information Channel✅. Mark Zuckerberg changed Facebook’s name to Meta and announced the plan to create a new virtual world (Metaverse). Advertising request:. @Michae...
