NFT Market Crash of 2024: What Went Wrong and What’s Next
Analysis of the NFT Market in 2024 The NFT market experienced a significant decline in 2024, with trading volumes and sales counts dropping by 19% and 18%, respectively, compared to the previous year. This downturn occurred despite a surge in crypto market activity, driven by Bitcoin’s all-time highs and booming DeFi growth. According to a…