NFT Weekly Preview | Can Tiffany & Co. Start the Next Bull Run?

NFT Weekly Preview | Can Tiffany & Co. Start the Next Bull Run?

Crickets. Abysmal. Ded.

These may be three of the most commonly used adjectives to describe NFT volume in the past week. which has sunk to yearly lows. According to Nansen data, the week ending August 1 tallied just ~79,000 ETH in NFT trading volume, down from the 100-125K ETH range seen through most of July and about 10 percent lower than the weekly totals in last November's bear market (~86,000 ETH/week). Volume is officially at its lowest since last July, punctuated by July 30 is the first day where 2021 volume flipped 2022 volume in USD terms.

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