The NFT market is experiencing a downward trend despite the stabilization of crypto prices. NFT sales volume has fallen by 35.15% from the previous week, but there has been a surge in participation from new traders. DMarket and Courtyard are leading in sales, while CryptoPunks, Pudgy Penguins, and Azuki have seen declines in sales. The initial hype-driven boom of NFTs has faded, and buyers have become more cautious about speculative investments. However, there is growing interest in NFTs with real utility, suggesting a shift towards more functional assets in the market.



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