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The hype around NFTs (non-fungible tokens) is long gone. By now, most of the industry is well aware of the fall in prices for major NFT projects. NFT trading volume on Solana , one of the most popular networks for NFT minting, fell by half for the month of October. According to Dappradar, NFT sales witnessed new monthly lows in October. According to Dappradar, NFT trading volume on Solana fell from  $134 million in September to $67 million in October. The higher September volume can be attributed to the highly anticipated launch of the yoots NFT mint passes. Nonetheless, Solana was not the only network to record falling NFT volumes. Ethereum (ETH), saw its volume drop from $$687 million in September, to $518 million in October. However, there could be a lag in the Ethereum numbers as Dappradar is yet to track trading data from Blur, a new Paradigm-backed marketplace launched in September. Why are Solana NFT numbers falling? Frankly, it is not just Solana, but the general NF...

Join Our Telegram channel to stay up to date on breaking news coverage David Bowie NFT Sells for $127,000 on OpenSea. Mushe 1-of-1 NFT Currently Listed for an Undisclosed Amount On October 3, 2022, a n NFT from the Bowie Estate’s exclusive collection sold for 96.5 ether (ETH) , which translates to a whopping $127,000 at current ETH prices. Created by the 19-year-old artist, FEWOCiOUS, the NFT Features a giant sculpture wearing one of Bowie’s famous outfits, with an animation played on top. The NFT is just one of the fifteen pieces created in collaboration with OpenSea. The purpose of the collection is to honor the British pop legend and the vibrant designs he was known for wearing during performances, with 100% of the profits donated to CARE charity. Sales for the NFTs commenced on September 30, 2022, and will conclude on November 3, 2022. Produced by the Bowie Estate itself, and partnering with some incredible artists, it’s clear to see why this NFT would go...