
The NFT market is experiencing a resurgence, as evidenced by a nearly 63% increase in sales in November, reaching $588 million in volume. Ethereum led the sales with $218 million, while Bitcoin NFTs saw a significant rise to $188 million. Classics such as CryptoPunks and Bored Ape Yacht Club (BAYC) continue to dominate the market. Overall trading volume for NFTs bounced back to $563 million in November, marking a 58% increase from October's $356 million. However, this remains significantly lower than the peak monthly highs of $3 billion observed in 2021. Despite a fading speculative hype, many in the community express optimism about the future of NFTs, likening the current climate to the vibrant atmosphere of 2021.










NFT SZN https://t.co/tbxxdZxsqP
NFT Comeback: From the Floor to a 6-Month High NFTs bounced back in November, pulling $563M in trading volume - a 58% leap from October's $356M. Still, it’s nowhere near the $3B monthly highs of 2021, when JPEGs and Bored Apes ruled the scene. Speculative hype is fading, but… https://t.co/TxjoN1pmdG
#NFT sales surged nearly 63% in November, hitting $588 million in volume. #Ethereum led with $218 million, while #BitcoinNFTs soared to $188 million, as classics like #CryptoPunks and BAYC continued to dominate the scene. https://t.co/vrXPYNwVgv