{"id":2100,"date":"2024-06-16T14:01:50","date_gmt":"2024-06-16T14:01:50","guid":{"rendered":"https:\/\/cryptogoldex.com\/index.php\/2024\/06\/16\/nft-sales-plummet-by-16-to-under-122-million-what-caused-this-decrease\/"},"modified":"2024-06-16T14:01:50","modified_gmt":"2024-06-16T14:01:50","slug":"nft-sales-plummet-by-16-to-under-122-million-what-caused-this-decrease","status":"publish","type":"post","link":"https:\/\/cryptogoldex.com\/index.php\/2024\/06\/16\/nft-sales-plummet-by-16-to-under-122-million-what-caused-this-decrease\/","title":{"rendered":"NFT sales plummet by 16% to under $122 million: What caused this decrease?"},"content":{"rendered":"<p>The network experienced an increase in wash trading, rising by 35.49% to over $34 million. Bitcoin saw a significant surge in active buyers, with over 18,000 recorded, marking an 804% increase from the previous week.<\/p>\n<p>Wash trading on the network decreased by about 53%, settling at $20,030. In the realm of collections, Immutable\u2019s Guild of Guardians Avatars emerged as the highest sales volume earner in the last seven days, with over $8.1 million generated from 1,614 transactions.<\/p>\n<p>Following closely were Bitcoin\u2019s PIZZA NFTs, which generated $7.3 million, showcasing a substantial 60% reduction from the previous week. This represented a remarkable 1022% increase in sales volume, with the funds coming from just 295 buyers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The network experienced an increase in wash trading, rising by 35.49% to over $34 million. Bitcoin saw a significant surge in active buyers, with over [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2099,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[644],"tags":[],"class_list":["post-2100","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-immutable-x-nfts"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/2100","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/comments?post=2100"}],"version-history":[{"count":0,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/2100\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media\/2099"}],"wp:attachment":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media?parent=2100"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/categories?post=2100"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/tags?post=2100"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}