NFT Trading Volume Plunges 97% Since January, Raising Questions About Their Future
Recent statistics don’t bode well for the future of non-fungible tokens (NFTs). The monthly trading volume in NFTs has collapsed, with a 97 percent plunge from its trading peak earlier this year. While NFT trading volume reached a record high of $17 billion in January, it fell to $466 million by September, as reported by Bloomberg.