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Gate Square New & Returning Creator Rewards are ongoing!
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#Mid-October: Bull Market Ahead? NFT market continues to experience a decline in 2024 with the CryptoSlam 500 NFT Index dropping by more than 50%. Reduced demand and lower trading volumes have added to the decline in Ethereum, Solana, Polygon, and Cardano.
The CryptoSlam 500 NFT Index, which acts as a market proxy, has experienced a YTD decline of nearly 1,300 points at the time of this news quoting. The index has shown a steady decline this year due to reduced demand, lower trading volume, and a shift in investor interest.
#CryptoObservers