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OpenSea NFT Sales Plunge to Three-Year Low in February Amid Sh | Metaverse | DeFi | Nfts | Trading

OpenSea NFT Sales Plunge to Three-Year Low in February Amid Shrinking User Base

OpenSea, once a bustling marketplace in the NFT bull market, has seen its monthly NFT sales drop to the lowest level in three years as of February, with a significant decrease in user transactions. The decline in sales volume contrasts with a slight increase in sales revenue, highlighting the volatile nature of the NFT market. In a startling turn of events, OpenSea recorded only 199,000 NFT sales in February, a 33% decline from the 297,000 transactions in January. T

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