OpenSea and Blur face major drop in users and sales ever since 2021

OpenSea and Blur face major drop in users and sales ever since 2021

1m
1 year ago

Major decline in total number of daily users and sales has been noticed on popular NFT marketplaces like OpenSea and Blur.

OpenSea and Blur face major drop in users and sales ever since 2021

SNEAK PEEK

  • Leading NFT marketplaces OpenSea and Blur are observing a decline in total number of unique daily users and sales.
  • SeaLaunch believes that while a macro scenario has caused an impact on trading patterns, high gas prices and tax season liquidity issues are other reasons.
  • Researcher Hildobby believes that nothing great happening in the NFT space could be a strong reason.

Read original article on TodayNFTnews

0 people liked this article

Related Articles

Miami Mayor hints at the resurgence of cryptocurrencies
Miami Mayor Francis Suarez, who made headlines in 2021 for being the first American politician to take his official salary in cryptocurrency, hinted that digital assets could make a grand return du...
1 year ago
3m
Litecoin’s Blockchain Boasts 780 Trillion Hashes for Unmatched Security and Speed
Litecoin’s blockchain is powered by a harsh algorithm that has been proven to offer superior security and speed for its users.
1 year ago
1m
Verdict Looms: Ripple (XRP) Vs. SEC Court Case Nears Climax
The SEC filed a significant enforcement action against Ripple Labs two years and 120 days ago. The verdict is expected to be announced next week, as some insiders report. Ripple Vs. SEC Court Updat...
1 year ago
4m
Coinbase Acquires Regulatory License to operate in Bermuda
The leading U.S.-based crypto exchange announced in a blog post on Wednesday that it had obtained a Class F license from regulators in Bermuda. The license will reportedly be used by Coinbase to in...
1 year ago
3m
A new DeFi era – how Ethereum will transform crypto investing
Recently, Ethereum concluded the Shanghai upgrade. ETH is the most profitable altcoin in the DeFi ecosystem. Ether is frequently portrayed as the adversary of conventional finance in a Manichean st...
1 year ago
5m
Solana price analysis: SOL plummets to $21.33 as bearish trend continues
Solana price analysis suggests a bearish trend is continuing, with SOL/USD dropping to $21.33 after hitting a resistance level of $22.35 today. The bears are seen to be holding firm since SOL is tr...
1 year ago
3m
See all articles