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OpenSea Experienced the Lowest Monthly Volume in August!

September 1, 2023
in Crypto Exchanges
Reading Time: 2 mins read
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Writer: Mustafa Mulla Sep 1, 2023 11:02

Mustafa has been writing about Blockchain and crypto since a few years. He has earlier buying and selling expertise and has been working within the Fintech trade since 2017.

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OpenSea, the world’s largest NFT market, skilled a decline in its buying and selling quantity and lively person base in August. Based on experiences, the platform’s Ethereum buying and selling quantity was $106 million. OpenSea’s Polygon transaction quantity was additionally significantly low at $7.02 million, with solely 96,000 lively customers, marking a nine-month low. The decline in buying and selling quantity and lively person base may very well be attributed to the general droop within the NFT market, which has skilled a big drop in demand and worth in current months.

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Tags: AugustexperiencedLowestMonthlyOpenSeaVolume
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