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Metaverse Shows Signs of Life with NFT Sales Up 27 Percent


Unable symbolic sales increased 27 % in August of the previous month, indicating that people may “slowly sneak into virtual worlds,” according to DAPPRADAR analyst.

There was $ 6.5 million in the volume of Metavers' trading in August, a slight decrease from July, but comes from 13,927 sales, which represents an increase of 27 % over last month, according to the report published on Thursday.

“It is the second month of fixed activity, which suggests that users may slowly return to virtual worlds such as Sandbox, MoCaverSe, Eloyide, and Decentralland,” wrote on X.

Metaverse Peak Hype saw in 2021 and 2022, driven by speculation and excitement about what technology could achieve, and slows down in 2023 and beyond after the first popular explosion.

source: DAPPRADAR

People “infiltrate” to the metaphor

In July, DAPPRADAR recorded $ 6.7 million sales and a trading volume of 10,900 Metaverses, a big joke of only $ 3.7 million of sales and 12800 in June.

Sarah Girgilmas, a DAPPRADAR analyst, said that August characters show that “Metaverse has not yet died”, and it seems that people “sneak into virtual worlds.”