Data from the Dune dashboard shows that trading volumes for all NFTs have dropped significantly, from $1.8 billion in weekly trading volume in August 2021 to about $73 million currently.
The base price of many projects has dropped significantly, such as The Merge, which attracted more than 30,000 collectors and paid a total of 91.8 million US dollars to mint the collection, but the base price of the series has dropped from about 25ETH to 1.1ETH today, the base price of MPL NFT Currently at 0.011ETH (~$19), the Maya Spirits NFT is currently trading at a base price of 0.015ETH (~$26).
