Report: NFT market total sales in June fell by 26.2% to $46 million

2024-07-08 13:46:37

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According to ChainCatcher news, the latest report from Binance Research shows that the crypto market experienced a significant downward trend in June 2024, with an overall decline of up to 11.4%.

Affected by the market downturn, the overall TVL (Total Value Locked) of DeFi decreased by 8.7% in June. The NFT market also remained sluggish, with total sales in June amounting to $46 million, a decrease of 26.2% compared to May. The monthly sales of the Mythos in-game item trading platform DMarket reached a high of $18.9 million, followed by CryptoPunks with sales of $16.1 million. The sales of top Ordinal series like Bitcoin Puppets and NodeMonkes saw significant declines of 40.6% and 41.0%, respectively. The monthly sales of Bored Ape Yacht Club slightly decreased, while Pudgy Penguins outperformed the market, rising by 68.9%.

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