Number of Wallets Buying or Selling NFTs Drops by 75% in the Last Year

Quick Summary:

According to BanklessTimes.com, the number of wallets buying or selling NFTs has dropped by 75% in the last year.

In this post: The once-bustling NFT market has experienced a staggering reduction in active wallets.

Speaking on the development, Edith Reads, a financial analyst from BanklessTimes, said:  " Several projects and digital assets are saturated in […]

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Article Details

Author / Journalist: Elizabeth Kerr

Category: CryptoTechnology

Markets: Canada

Topics: Blockchain NFT

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-08 @ 12:02:29 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: banklesstimes.com

Language: English

Article Length: 943 words

Reading Time: 6 minutes read

Sentences: 55 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bankless Times

News ID: 21983860

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About Bankless Times

Main Topics: CryptoTechnology

Official Website: banklesstimes.com

Update Frequency: 11 posts per day

Year Established: 2011

Headquarters: Canada

News Last Updated: 12 hours ago

Coverage Areas: Canada

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #29

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