NFT Liquidity Dries Up Forcing Marketplaces to Battle for Users
NFT A liquidez da NFT seca, forçando os mercados a lutar pelos usuários 2 minutos atrás Notícias do Bitcoin Ethereum NFT liquidity has taken a dive as marketplaces fight fiercely for a smaller pooler of traders and investors. In response to the trends, some marketplaces are offering incentives to keep traders on their platforms. Será que vai funcionar? NFT liquidity refers to the ease and availability of buying and selling non-fungible tokens (NFTs) in the market. When NFT liquidity is high, willing buyers and sellers are plentiful, facilitating smooth and active transactions. On the other hand, low liquidity signals a drop in trading activity and a challenge in finding counterparties for trades. NFT Daily Trade Volume Continues to Fall According to data from Dune, daily trades have been steadily falling for the past 3 months. On March 13, approximately 44,000 NFT trades took place. However, on June 12, that number was closer to 25,000. Source: Dune/@hildobby According to the recent DappRadar report, In May 2023, NFT sales might have fallen below $1 billion for the first time this year. Although the full story isnt quite so simple. In the reports analysis, active wallets associated with NFT activities witnessed a 27% increase in May. The growth was attributed to the Miladys