NFT market size declined further during 2023, as the market was one-third from what it was in March 2022. Investments and trading in these digital assets hit its lowest level in weeks. This may be due to growing regulatory pressure in 2023 on digital assets and a declining sentiment after the fall of crypto exchanges in late 2022. The annual market cap of NFTs grew sizably between 2020 and 2021, revealing a volatile market.
NFT market capitalization in the previous 7 days from September 1, 2021, to September 21, 2024
(in Ethereum, and U.S. dollars)
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NFTGo. (September 25, 2024). NFT market capitalization in the previous 7 days from September 1, 2021, to September 21, 2024 (in Ethereum, and U.S. dollars) [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/1414252/nft-market-capitalization-by-week/
NFTGo. "NFT market capitalization in the previous 7 days from September 1, 2021, to September 21, 2024 (in Ethereum, and U.S. dollars)." Chart. September 25, 2024. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/1414252/nft-market-capitalization-by-week/
NFTGo. (2024). NFT market capitalization in the previous 7 days from September 1, 2021, to September 21, 2024 (in Ethereum, and U.S. dollars). Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/1414252/nft-market-capitalization-by-week/
NFTGo. "Nft Market Capitalization in The Previous 7 Days from September 1, 2021, to September 21, 2024 (in Ethereum, and U.S. Dollars)." Statista, Statista Inc., 25 Sep 2024, https://www.statista.com/statistics/1414252/nft-market-capitalization-by-week/
NFTGo, NFT market capitalization in the previous 7 days from September 1, 2021, to September 21, 2024 (in Ethereum, and U.S. dollars) Statista, https://www.statista.com/statistics/1414252/nft-market-capitalization-by-week/ (last visited November 18, 2024)
NFT market capitalization in the previous 7 days from September 1, 2021, to September 21, 2024 (in Ethereum, and U.S. dollars) [Graph], NFTGo, September 25, 2024. [Online]. Available: https://www.statista.com/statistics/1414252/nft-market-capitalization-by-week/