According to DappRadar, there has not been such low activity among NFT traders since the fourth quarter of 2021. Analysts attribute the decline in activity of traders to the banking crisis in the US.
Interestingly, despite the decrease in the number of active traders, trading volumes remained virtually unchanged. And in the Polygon network, NFT trading volume increased by 60% over the past week and is not inferior to the best indicators of February.
The best sale of the week was the sale of an NFT set of nine images of Qingyu Dynasty plates. The collection was purchased for $366,000. The most popular NFT collections also showed good trading volumes – in a week, the volume of trading in Bored Ape Yacht Club tokens reached $9.6 million. The Sewer Pass ($9.2 million) and Pudgy Penguins ($7.2 million) collections are also popular. .
In early March, it was reported that the volume of trading in non-fungible tokens doubled in February and exceeded $2 billion.
Source: Bits
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