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Despite what you heard, NFT market is far from dead: DappRadar -Breaking

by Mike Robinson

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DappRadar: Despite all the rumors, NFT is still alive and well.

The market for nonfungible tokens, or NFTs, has slowed from its peak, but that doesn’t mean the industry is dead — far from it, actually.

NFT sales volumes came in at a healthy $3.7 billion in May, according to DappRadar’s latest Industry Report, which was released on Wednesday. Although volumes fell 20% in May compared to April, the industry remains active considering crypto assets overall are. A bear market.

Although NFT sales have declined from peak levels, trading volume and NFT volumes are still high. However, the industry remains active. Source: DappRadar.