{"id":558825,"date":"2024-07-31T05:53:27","date_gmt":"2024-07-31T05:53:27","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=558825"},"modified":"2024-07-31T05:53:27","modified_gmt":"2024-07-31T05:53:27","slug":"nft-sales-fall-36-in-july-heres-what-you-should-expect-in-august-2024","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/nft-sales-fall-36-in-july-heres-what-you-should-expect-in-august-2024","title":{"rendered":"NFT Sales Fall 36% In July – Here\u2019s What You Should Expect In August 2024"},"content":{"rendered":"

Despite some great news flocking the non-fungible token sector in the past few weeks, the non-fungible token market has again tanked in trading sales volume. The recent crypto market data analysis shows that the non-fungible tokens have fallen more than 30% in trading sales volume in July. In this article, we shall assess the full state of the NFT market in the past 30 days as well as what traders should expect in the coming August:<\/p>\n

Last week, Luca Netz, the creator of the popular Pudgy Penguins non-fungible token collection, announced that they’ve raised $11 million for their upcoming Abstract L2 network, highlighting that Pudgy Penguins will be the mascot for all of crypto, not just NFTs. The Doodles also wowed the NFT space last week with the release of their new Dullsville and the Doodleverse trailer and followed it up with the announcement of Doodles TV and Doodles Records.<\/p>\n

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Pudgy Penguins is cryptos mascot. 🐧 https:\/\/t.co\/xHiM54oAij<\/a><\/p>\n

— Luca Netz 🐧 (@LucaNetz) July 23, 2024<\/a><\/p><\/blockquote>\n