According to @EC NFTea, founder of NFTea Cafe, disclosed on social media, according to Dune Analytics data, the average daily transaction volume of OpenSea has dropped to a record low. Previously, this indicator has been hovering between $15 million and $20 million, but it has now dropped to $800. below $10,000.
In addition, NFT market data and ranking analysis platform Flips data show that the floor prices of the top 10 top NFT projects in the past 7 days have also dropped significantly, while Google Trends data shows that they are currently in a situation where they are not interested in NFTs. Period, the overall mood is very pessimistic.
@EC NFTea believes that this is happening with macroeconomic measures like inflation and interest rate hikes, people are forced to feel very pessimistic in the current situation, all risk assets and speculative assets are the first to be liquidated, so NFTs Floor prices will plummet.
