Non-fungible tokens (NFTs) broke their seven-month downward trend in October as digital collectibles recorded an 18% increase in volume. Since recording a monthly volume of $1.6 billion in March, its highest in 2024, NFT volumes have been on a downward trajectory. It continued through September when NFTs reached their lowest monthly volume since 2021. NFTs record a $356 million monthly volume in OctoberCryptoSlam data shows that NFTs only had a volume of about $300 million in September 2024, a 20% decrease from August’s record. However, despite continuously getting lower in 2024, NFTs’ monthly…