NFT market hitting rock bottom? November just closed with a brutal $320M in sales volume—barely scraping past September's $312M floor.
The numbers tell a grim story. We're looking at a 49% nosedive from October's $629M, and get this: volume's down over 66% from where we peaked in January. That's two-thirds of the market cap just... gone.
September 2024 was rough. November? Might be worse. The question everyone's asking now: is this capitulation, or are we digging deeper?
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NFT market hitting rock bottom? November just closed with a brutal $320M in sales volume—barely scraping past September's $312M floor.
The numbers tell a grim story. We're looking at a 49% nosedive from October's $629M, and get this: volume's down over 66% from where we peaked in January. That's two-thirds of the market cap just... gone.
September 2024 was rough. November? Might be worse. The question everyone's asking now: is this capitulation, or are we digging deeper?