According to research conducted by Binance, there was a large decrease in NFT sales from year to year.
According to the research conducted by Binance Research, September 2023 will be the year in terms of NFT sales. The worst month since January 2021 happened. Approximately throughout the month NFT worth $300 million sale was made.
According to the report, this decline in NFT sales is due to popular NFT collections such as Azuki, BAYC, MAYC. caused by a decrease in the base price it could be. Average sales price in September It was $38.17.
This price was much higher during the periods when the Qualified Intellectual Property (NFT) trend was most popular. Average sales price in August 2021, $791.84 was at the level.
Daily in the NFT market matchless The number of buyers decreased by 14.1% during the third quarter of the year compared to the previous quarter and to 53 thousand level declined. According to the Binance Research report, among the reasons for the decrease in interest in NFTs is the market “difficult conditions” And “low liquidity” It is located.