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The Daily Hodl 2023-05-20 16:55:01

NFT Sales Plummet in May Amid Memecoin Frenzy and High Ethereum Fees, According to DappRadar

Non-fungible token (NFT) sales have plummeted this month amid the recent memecoin frenzy and a surge in the price of Ethereum (ETH) gas fees. According to blockchain intelligence platform DappRadar, NFT trading volume has only reached $333 million this month so far, putting May on track to be the first month in 2023 with a The post NFT Sales Plummet in May Amid Memecoin Frenzy and High Ethereum Fees, According to DappRadar appeared first on The Daily Hodl .

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