Enquires@newsofbitcoin.com
Opensea, one of the most popular NFT online marketplaces, faced a time when sales of NFT had decreased significantly in the month of February.
The information reveals that the NFT figure of 33% of the February total is the lowest since May last year, having sold 199,000 on the OpenSea as confirmed by Dune Analytics dashboard.
Source:dune.com
The inventory platform saw a 18% drop in January. This decline corresponded with a decrease in active users. Only 103,000 users made at least one sale in February.
In spite of a reduction in sales, the sales volume has made remarkable progress as it records a 5 % rise to $153.03 million, an indication of a two month high. This, therefore, marked an increase in both the platform fees and Royalties fees of 3%. On the other hand, NFT aggregator and marketplace Blur experienced a 16% drop in February.
Also read: Bitcoin Surges 20% in Biggest Weekly Gain in a Year
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