NFT sales in the last 30 days are down 88% from 8 months ago
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Answer NFT sales in the last 30 days are down 88% from 8 months ago
NFT sales and Google searches were very popular at the end of 2021 and during the first month of 2022.
Where the term “NFT” scored in searches on the Google search engine, the highest query scores around the world, as the number reached 100, which is the highest number that can be recorded on “NFT.”google trend“.
But this number fell by 88% to reach 12 during the week of September 25 to October 1, 2022.
Currently, China is the most active region according to Google Trends, followed by Hong Kong, Singapore, Nigeria and Taiwan.
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The numbers have fallen since January as well, with records showing that NFT sales were just above half a billion, or roughly $549.82 million.
The number is now 88.49% lower than the sales of non-fungible tokens recorded eight months ago.
May was the last month that NFT sales printed the $1 billion mark with $3.18 billion recorded in May 2022.
The following month saw a significant drop to $879 million and in July sales of non-fungible tokens saw $682 million.
Sales fell in August after posting $633 million in NFT sales that month, and September fell 13.27%.
So far, the first week of October saw $105.22 million in NFT sales with 191,175 NFT tokens sold.
30-day metrics indicate that the best-selling NFT group was Bored Ape Yacht Club (BAYC) with group sales of $30,964,305 last month.
However, this is 37.49% lower than BAYC’s sales recorded in the previous month.
Statistics compiled by cryptoslam.io show that the QQL Mint Pass project generated $27.80 million in sales this month and Cryptopunks earned $23.49 million.
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The Ethereum blockchain is the most present in terms of embracing the best-selling NFT, followed by Solana and Flow.
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