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Tracking the Trends of the NFT Market: Introducing the CryptoNFTIndex (CNI9) | by Jessiecat | Coinmonks | Mar, 2023

NFT Market Overview

In 2021, the NFT market experienced an explosive surge in popularity and value, as the price of cryptocurrencies skyrocketed. However, this trend was not sustainable and by 2022, the market experienced a significant decline in trading volumes and overall market capitalization. This was largely due to the falling prices of cryptocurrencies, particularly Ethereum, which is the primary blockchain platform for NFTs.

CryptoNFTIndex (CNI9) Tokens Introduction

CryptoNFTIndex (CNI9) Index Details

Market Capitalization Method

CryptoNFTIndex (CNI9) Tokens Weight
CryptoNFTIndex (CNI9) Index Chart

Reflecting on the past two years, the NFT market has made significant strides and advancements. In 2021, the market experienced explosive growth and entered the mainstream consciousness. Despite being impacted by market fluctuations in 2022, the overall trend was still positive, with continued accumulation and maturation of technologies and products.

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