NFT Trading Volume Soars High, Is NFT Fever Back Into the Crypto space?
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The NFT market is gradually regaining its stand in the market after six months of a Bearish trend. Trading volume has increased for four straight months now. The total NFT trading in January 2023 had increased by 38% to $987.9 million from $872.1 million previously. NFT trading volume reached $2 billion in February, with total NFT trading volume on an uptrend, increasing by 91.9%. The trading volume of NFTs reached a low of $545 million in October 2022.
