TamilTechCrypto

NFT Market Sales Slump to $91.96M
While tokenization and Bitcoin grab headlines, the NFT sector is struggling. Weekly NFT sales have dropped to $91.96 million, marking the lowest point since mid-June.
Some see this as a signal of waning interest after the 2021â22 hype cycle. Others argue itâs a healthy reset, clearing speculation and paving the way for more utility-driven NFT applications in gaming, digital art, ticketing, and the metaverse.
đ Whether this slump is a short-term dip or a long-term structural decline will depend on how fast developers can build real-world use cases for NFTs.#Ga
While tokenization and Bitcoin grab headlines, the NFT sector is struggling. Weekly NFT sales have dropped to $91.96 million, marking the lowest point since mid-June.
Some see this as a signal of waning interest after the 2021â22 hype cycle. Others argue itâs a healthy reset, clearing speculation and paving the way for more utility-driven NFT applications in gaming, digital art, ticketing, and the metaverse.
đ Whether this slump is a short-term dip or a long-term structural decline will depend on how fast developers can build real-world use cases for NFTs.#Ga