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Despite falling NFT sales volume, there’s more underlying strength to the market than you’d think


Bearish sentiment in the crypto markets has trickled down to the NFT subsector.
Over the past 30 days, NFT sales volume across the top 10 blockchains has fallen, according to data from NFT aggregator CryptoSlam. The biggest decline recorded was around 80% on BNB, or $19.19 million, while the smallest decline was around 5% on Palm, or $1.96 million in sales volume.
“The NFT market has not been great, but there is still great momentum,” Nick O’Neill, CEO and co-founder of The Nifty, said to TechCrunch.
Why the sunny outlook when some NFT metrics are falling? Unit sales are almost flat month ove

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