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Total NFT market sales fell 26.2% to $46 million in June
2024-07-08 05:57
Odaily News According to the latest report from Binance Research, the crypto market experienced a significant downward trend in June 2024, with an overall decline of 11.4%. Affected by the market decline, the overall TVL of DeFi fell by 8.7% in June. The NFT market also continued to be sluggish, with total sales of $46 million in June, down 26.2% from May. DMarket, the Mythos in-game item trading platform, had the highest monthly sales of $18.9 million, followed by CryptoPunks with sales of $16.1 million. Ordinal series such as Bitcoin Puppets and NodeMonkes saw a significant drop in sales, down 40.6% and 41.0%, respectively. Bored Ape Yacht Club saw a slight decline in monthly sales, while Pudgy Penguins outperformed the market, up 68.9%.