November has already surpassed October’s total volume, continuing strong market momentum for NFTs.
Non-fungible tokens (NFTs) maintained a relatively strong weekly sales volume despite a slight decline compared to last week’s surge.
On Nov. 24, NFT data tracker CryptoSlam showed that digital collectibles had a solid week, recording a sales volume of about $158 million over the last seven days. The data shows a 12.7% decrease compared to the week before when digital collectibles recorded $181 million in weekly sales volume.
Despite the slowdown, the weekly volume is still well above its record at the start of November. From Nov. 4–10, NFTs had a weekly sales volume of only $93 million, reflecting a 69% increase from earlier in the month.
