NFTs still in ‘great demand’ as unique traders rise 18% in Oct: DappRadar

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NFTs still in ‘great demand’ as unique traders rise 18% in Oct: DappRadar
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DappRadar says stats in October suggests there is still high demand for NFTs, despite trading volumes and sales counts registering a monthly decline.

October may have seen a decline in nonfungible token trading volume and sales, but analytics firm DappRadar says an 18% growth in monthly unique NFT traders shows the market is still in “great demand.”from DappRadar, the number of monthly unique NFT traders in October reached 1.11 million, increasing 18% from September, of approximately 950,000.

“The rise in the unique traders’ count indicates that new people are entering the NFT market, and it is still in great demand.”The month was a busy one for the NFT community.

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