NFTs in 2023
Despite the long-lasting downturn and the negative backdrop, such as OpenSea slashing half of its personnel just last week, the market is projected to almost double from $1.6B in 2023 to $3.2B by 2027. NFT volume in October was at its highest since the end of August and 38% higher than the lowest week in September, based on Nansen’s data .
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