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Bybit shuts doors on NFT marketplace as interest wanes – TON BOT

Bybit shuts doors on NFT marketplace as interest wanes

Bybit announced the closure of its NFT Marketplace, Inscription Marketplace, and IDO product pages to streamline offerings and improve user experience due to declining demand. The shutdown on April 8 follows a trend of waning institutional interest in NFTs, with trading volumes dropping over 95% since 2021. Security concerns also contributed to Bybit’s decision.


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