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NFT bear market, confirmed. At least according to the latest OpenSea daily volumes, which hit a 15-month low on yesterday’s trading volume. Let’s evaluate where things stand in this bear market, and what lies ahead for NFTs as we close out the year.
OpenSea’s Recent Headwinds
Sundays can be notoriously slow in crypto (for a number of reasons) and last weekend was no exception for NFTs. On October 9, OpenSea recorded $8.4M in daily volume – still a respectable amount of trading, but a number that nonetheless marked a 15-month low. ‘Glass half full’ NFT optimists will tell you that more NFT fragmentation exists across marketplaces now than a year ago, with the eme
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