NFT Volumes Dropped by 97% – Is Buying NFTs Still Worth it in 2023?

After peaking in January 2022, the NFT trading volume plummeted dramatically in just a few months, dropping by 97%. As a result, many investors are now wondering whether buying NFTs is still a good idea. Today, we explore the current state of the NFT market and discuss the factors that have caused the decline. We also examine what is necessary to revive the market and how investors should approach their NFT portfolios. Finally, we'll examine whether or not buying NFTs…