Google Trend Data for 'NFT' Shows Global Interest Slashed by ...

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Google trend data shows that NFT searches have fallen by more than 70% as of May 2022 coupled with a steep decline in sales volumes. Weusecookiestoimproveyourexperience. Accept JoinTelegram Signin Languages EspañolРусскийTürkçe한국어TiếngViệtDeutschBrasilFrançaisPolskiIndonesiaไทยالعربية Advertise Disclaimer TermsandConditions Careers Contact PrivacyPolicy About TheBeInCryptoTeam InBrief ThebearishcryptomarkethasmajorlyimpactedthepricesofbluechipNFTs. InterestinNFTsreachedalowpointof26intermsofGoogledatainthelastdaysofMay. Thisequatestoa76%dropinlessthansixmonths. promo HowtoSurviveandProsperinaCryptoBearMarkeReadNow TheTrustProjectisaninternationalconsortiumofnewsorganizationsbuildingstandardsoftransparency. Thecryptomarketcrashof2022hasledtodecreasedinvestorinterestindigitalcollectiblesbytheglobalNFTpopulation.  Interestinnon-fungibletokens(NFT)hasdroppedtonewhighlowsinMay2022.AccordingtoBe[In]CryptoresearchanddatafromGoogleTrends,interestinNFT-relatedtopicsbytheglobalpopulationhassunk.  InterestovertimecomprisesthenumberofGooglesearchesinNFTcontentrepresentedbyanumberbetween0and100.Avalueof0orcloseto0meansthereislittletonointerest.Ontheotherhand,avalueofatleast50meansthatthetermconstitutesahugepartofsearchesbytheglobalpopulation.  Sponsored Sponsored Theterm“non-fungibletoken”reachedavalueof26inthelastdaysofMay.Thiswasa74%dropfromthepeakinterestovertimeof100reachedinJanuary2022.  Source:GoogleTrends InJanuary2022,themajorNFTmarketplaces’monthlyvolumesreachedanall-timehighof$16.54billion.InthelastdaysofMay,thetotalmonthlyvolumewasapproximately$4billion,equatingtoa75%declinefromJanuary’svolume.  Source:TheBlockCrypto SomeoftheNFTsthatcontributedtoJanuary’smilestoneincludetheBoredApeYachtClub(BAYC),MutantApeYachtClub(MAYC),andAxieInfinity. Sponsored Sponsored Source:BAYCJanuary2022SalesVolumeChartbyCryptoSlam InthelastdaysofMay,BAYCNFTsalesvolumewasintheregionof$200million,a41%declineinfourmonths. InJanuary2022,AxieInfinityandMutantApeYachtClubsalesvolumeswereapproximately$126.49millionand$252.33million,respectively. Thebearishmarketdramaticallyslashedthesevaluesinthesecondquarterof2022. Sponsored Sponsored AxieInfinityhadatotalsalesvolumeof$6.6millionwhileMAYChad$163.96millioninMay.Overall,AxieInfinitysawadeclineof94%whileBAYCsawsalesvolumesinkby36%. Overall,issuesthatcontinuetotrendonGoogleacrosstheglobeareinflation,Ukraine/RussiaCrisis,guncontrol,andtheoverallcryptomarketcrash(withpricesandtotalvaluelockedofdigitalassets)dominatingsearchpatterns. Disclaimer Alltheinformationcontainedonourwebsiteispublishedingoodfaithandforgeneralinformationpurposesonly.Anyactionthereadertakesupontheinformationfoundonourwebsiteisstrictlyattheirownrisk. Sponsored ShareArticle Relatedtopics AxieInfinitySalesVolumeBAYCSalesVolumeNFTGoogleSearchesNFTNews RaphaelMinter Asawriter,researcher,andanalystofcentralizedanddecentralizedfinancialinstruments(stocks,commodities,metals,andcryptocurrencies),hestartedexperimentingwithfinancialassettradingin2011. Heventuredintofull-timelongterminvestingofcryptocurrenciesin2016. FollowAuthor MoreArticles RELATEDNEWS Markets Opinion NorthKoreanHackersArePosingasTopDeveloperstoStealCrypto 1hourago Markets NewsReport CoinbaseSaysithasnoExposuretoFailedCryptoFirmsCelsius,3AC,andVoyager  1hourago Markets Opinion CryptoCrash:SurvivebyFocusingOnReal-LifeUtility 2hoursago Markets NewsReport ValkyrieAimstoRaise$30Million;IsCryptoInvestmentRoutOver? 11hoursago Markets TechnicalAnalysis Cartesi(CTSI)BreaksoutAfterTripleBullishDivergence 12hoursago MostRead Markets NewsReport USGovernmentOfficialsMustNowPubliclyDeclareNFTHoldings  2daysago Markets NewsReport CelsiusBeginsRestructuring,ReceivesApprovalforBitcoinMiningFacility 2daysago Markets NewsReport CoinbaseInsolvencyRumorsGrowFollowingRecentSuspensionofAffiliateProgram 4daysago Business NewsReport CoinbaseSuspendsAffiliateProgram,LeakedEmailsShow 4daysago Business NewsReport ArkansasResidentLaunchesDamningClass-ActionLawsuitAgainstCelsius 4daysago Markets Analysis Fear&GreedIndexinExtremeFearfor72Days–LongestinHistory 4daysago Wanttoknowmore? JoinourTelegramGroupandgettradingsignals,afreetradingcourseanddailycommunicationwithcryptofans! JoinOurTelegram HowtoSurviveandProsperinaCryptoBearMarket   Readnow FreeBitcoinEvery7Days.YouHodlerCrypto-Rewardswithupto11%APY.Earnnow Poloniex.com-Earnupto30%stakingrewardsanytimewithourmobileappInstallnow

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