OpenSea NFT Marketplace CRASHES.. Here’s Why
Welcome back to Steady Stack. OpenSea, the world’s largest nonfungible token (NFT) marketplace, has witnessed a substantial drop in daily volumes as fears about a potential market bubble grow.
Notably, the marketplace processed nearly $5 million worth of NFT transactions on Aug. 28 — approximately 99% lower than its record high of $405.75 million on May 1, according to DappRadar.
#OpenSea #NFT #GhostTown
OpenSea turns into NFT ghost town after volume plunges 99% in 90 days
Looks bare: OpenSea turns into NFT ghost-town after volume plunges 99% in 90 days