Active NFT traders drops to lowest point since 2021 as FOMO wanes
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Quick Take
- Last week, the number of active traders buying and selling Ethereum NFTs slid to about 49,000, its lowest level since 2021.
- “This erosion of the floor price, paired with heightened market volatility, has dampened the usual urgency to buy, the ‘fear of missing out,’ among regular traders,” according to The Block Research.2
Last week, the number of active traders buying and selling NFTs slid to its lowest level since 2021.
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