Non-fungible token (NFT) owners haven’t had a good year in 2022, and statistics indicate that interest in the topic has significantly decreased this year. The search phrase “NFT” got a score of about 52 for the week of December 26, 2021, to January 1, 2022, according to Google Trends (GT) data. On January 16–22, 2022, the phrase also soared to the maximum score of 100.
Today, however, the search phrase “NFT” has a score of about 16 for the week of December 18–December 24, 2022. According to GT data, there has lately been a minor uptick in interest in NFTs that began around December 4, 2022. According to GT statistics, China is currently the most interesting region for NFTs, followed by Hong Kong, Singapore, Nigeria, and Taiwan.
NFT Volume Slumps from $2.7 Billion to $534 Million: Cryptoslam
Statistics also indicate that since last year, the volume of NFT sales has significantly decreased. Data from Cryptoslam.io shows that while NFT sales were only $534 million this month, they were $2.77 billion in December 2021. Statistics submitted to archive.org show that $414.84 million in sales were made during the week of December 27, 2021.
Sales for the week ending December 27, 2021, were similarly down 32.05% from the $610.53 million in sales for the preceding seven days. Ethereum accounted for $334.83 million of the $414.84 million in NFT sales on the blockchain at the time. In the seven days leading up to December 27, 2021, Ronin generated sales of about $45.65 million, while Solana generated sales of slightly over $16 million.
Axie Infinity, Bored Ape Yacht Club, The Sandbox, Mutant Ape Yacht Club (MAYC), and Cryptopunks were the top five projects or collections in terms of seven-day sales during the final week of December 2021. Nearly a year later, this month’s NFT sales are negligible compared to those made last year. As of December 25, 2022, NFT sales had decreased this week by 12.22%, with $154.02 million in sales made during the previous seven days.
You can purchase Lucky Block here. Buy LBLOCK
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
Learn to Trade
Never Miss A Trade Again
Signal Notification
Real-time signal notifications whenever a signal is opened, closes or Updated
Get Alerts
Immediate alerts to your email and mobile phone.
Entry Price Levels
Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.
