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What is the current market trend for NFTs and how has it evolved over time?

Curious about nfts

What is the current market trend for NFTs and how has it evolved over time?

The market trend for NFTs has been rapidly evolving and growing in popularity since the concept was first introduced in 2017. In 2021, NFTs reached mainstream attention and experienced explosive growth in both sales and media coverage. According to NonFungible.com, the market for NFTs reached a peak in May 2021, with a total of $102 million in sales during that month alone. The total sales volume for NFTs in 2021 exceeded $10 billion, a significant increase from the previous year. However, like any emerging market, there have been fluctuations and corrections, and the market trend for NFTs remains subject to change.

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