While the number of sellers and buyers of NFT (non-fungible token), has only fallen for 3 years, the market has experienced a spectacular rebound this week.

Certainly encouraged by the rise in the cryptocurrency market, NFTs also saw a rise in sales volume during the week of almost 15%. As a reminder, the number of NFT sellers had fallen by almost 90% and the number of buyers by 88%. 96% of NFT collections are considered dead, only 7 large collections have really exploded without interruption since 2021 despite a market in half.

Not everyone is an artist. This is the harsh reality that the NFT world has been reporting in recent years. While the promise is to facilitate the creation, preservation and exchange of digital works, this promise only applies to artists. The major brands have gradually withdrawn from the market and today only a few UFOs are on the market. Gradually, the NFT market has become a very specific and elite market.