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Digital representation and NFT were a red hot space a few years ago. Remember the record-breaking sales, million-dollar apes, and seemingly unstoppable frenzy behind NFTs? This year comes as a reality check with NFT sales plummeting in April. What does this mean for top NFT platforms like Polygon and Ethereum? Can the newly introduced Raboo AI-backed Social-Fi project revitalize digital representation with its meme generator? Let’s find out why investors are flocking to its presale.
NFT Sales Plunge: How Bad Did Ethereum (ETH) Suffer?
Although the Ethereum blockchain had the most expensive NFT sale in April, with Cryptopunk #635, which was sold for $12.4 million, it remained the biggest loser in the NFT market last month. Ethereum blockchain hosts the largest number of NFTs, and it took the biggest hit from last month’s NFT sales decline. Ethereum NFT sales witnessed a substantial downfall, plummeting to $241 million, marking a notable 50.7% decrease in
We współpracy z: https://en.cryptonomist.ch/2024/05/06/nft-sales-plunge-april/
