🖼 Are NFTs dead?

The total trading volume of all NFTs in July was $393 million, which is $57 million less than the month before. The daily volume is $14 million, that is, at the level of shields from the top 200 and below.

The most expensive exchange was $373K ($130 ETH) on CryptoPunks #2. It is noteworthy that in the top auction there are 8 punks, 1 monkey (BAYC) and 1 Azuki - all three collections of old-timers.

Falling volumes, lack of new blue chip collections - are NFTs finally dead or can the trend from 2021 still resume?

NFT market is indeed experiencing some fluctuations, but it's premature to declare it "dead". The market is just maturing and finding its pace. Expect more developments in the coming months.