Media

NFT Transaction Volume Dipped in April, Its First Downturn of 2021

Appetite for non-fungible tokens has momentarily cooled

The volume of NFT transactions has fallen month-over-month for the first time in 2021.
Industry experts attribute the one-month slowdown to the natural waxing and waning of the volatile cryptocurrency market rather than a sign of fizzling consumer interest.Serg Myshkovsky/Getty Images
Headshot of Mark Stenberg
By Mark Stenberg

May 14, 2021

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The 2021 crypto craze has hit its first hiccup, according to recent data.

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Headshot of Mark Stenberg

Mark Stenberg

Mark Stenberg is Adweek's senior media reporter.

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