NFT Marketplace Volume Crashes $12 Billion to New 2022 Lows
NFT marketplaces were hit hard in the crypto market crash of May which led to billions of dollars wiped off the sales volume of digital collectibles. NFT marketplaces continue to make attempts to recover from the plunge in investor interest in digital collections.
According to Be[In]Crypto research, NFT marketplaces’ total volume was around $4 billion for the month of May. Although this figure looks impressive, monthly volumes from April 2022 were in the region of $7.18 billion. Much of the volume came from OpenSea with approximately $2.6 billion. Other marketplaces that made significant contributions included Magic Eden, LooksRare, Solanart, Art Blocks, SuperRare, MakersPlace, Nifty Gateway, Foundation, and Async Art.
Source
https://t.me/NFTs_Metaverse_Coins