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NFT Winter Isn’t Getting Any Warmer: Sales Down Another 25% in October

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In brief Overall NFT sales volume and the total number of NFT sold fell in October, setting monthly lows for 2022 per data from DappRadar. Organic Solana NFT trading volume fell by half in October, following September’s hyped y00ts launch and recent marketplace changes around creator royalties. Monday’s buzzy Art Gobblers NFT launch might have made a big splash, but data from October shows that it ultimately capped off a weak month for the overall market. Total trading volume and the number of NFTs sold both fell over the course of October, per DappRadar, with Solana trading falling b ...

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