[ad_1] Join Our Telegram channel to stay up to date on breaking news coverage The non-fungible token market crunch continued in the third quarter as sales sharply plummeted in the earlier quarter. NFT trading volume dropped 55.6%, with dwindling interest across chains. In this article, we shall discuss the state and performance of the NFT market in the past three months. NFT Sales Fell 55.6% In 2023 Q3 Data compiled by CoinGecko.com, an on-chain data aggregator, reveals that the non-fungible token market has dropped in sales volume as investors kept clear of risk assets amid a challenging macroeconomic environment. NFT…
Author: Dominic Kimani
[ad_1] Join Our Telegram channel to stay up to date on breaking news coverage The non-fungible token has experienced a sharp rise in sales volume after suffering from a brutal downturn in the past several months. The NFT market began sometime mid-year, leaving most NFTs nearly worthless. The NFT market now seems back to an upside trend. NFT Sales Pump 14% This Week Data compiled by CryptoSlam.io, an on-chain market data aggregator, shows that the global NFT market has retested some hype this week. In the past seven days, the NFT market has recorded a trading sales volume of $70…
[ad_1] Join Our Telegram channel to stay up to date on breaking news coverage Avalanche, the team behind the open-source proof of stake blockchain network Avalanche, has announced the launching of a one-of-kind multi-million non-fungible token incentive program on its native network. The Avalanche team has partnered with Hyperspace NFT market platform to launch the incentive program. Avalanche Launches A Multi-Million NFT Incentive Program In an October 17 blog post, Avalanche confirmed launching an ambitious multi-million $AVAX NFT incentive program in partnership with Hyperspace. The NFT incentive program has already received a warm reception, seeing more than 15,000 user sign-ups…
[ad_1] Join Our Telegram channel to stay up to date on breaking news coverage The non-fungible token market has showcased light signs of making a comeback anytime from now, with the number of NFT collectors trading NFTs rising more than 15% this week. In this edition, we shall assess the NFT trading activity this week as well as the market prediction for the coming weeks. NFT Sales Dip 4.57% Data compiled by CryptoSlam.io, an on-chain data aggregator, indicate that the NFT market has experienced a sharp spike in users trading NFTs this week. In the past seven days, the number…
[ad_1] Join Our Telegram channel to stay up to date on breaking news coverage On October 09, a CrypToadz non-fungible token collection sold for more than $1.6 million on the OpenSea NFT market platform, pushing the entire NFT market trading sales volume up 85% in just hours. The surprising sale has stirred up scam concerns, with the NFT collector behind the sold NFT collection linked with money laundering. Source: CryptoSlam.io, NFT Sales In The Past 24 Hours CrypToadz #4030 NFT Sells For Over $1.6M Data from the OpenSea NFT marketplace confirmed that a CrypToadz #4030 was purchased for 1,055 WETH…
[ad_1] Join Our Telegram channel to stay up to date on breaking news coverage After facing a massive downturn in the past several weeks, the non-fungible token market has returned to an upward trend. The NFT market slump began escalating sometime in June and has left many NFT floor prices shielding more than 70% of their value. The market slump has also left several crypto projects slashing a slice of their staff members. Data compiled by CryptoSlam.io, an on-chain data aggregator, indicates that the global non-fungible token market has seen a light surge today. In the past 24 hours, the…
[ad_1] Join Our Telegram channel to stay up to date on breaking news coverage Ben “Bitboy” Armstrong, a non-fungible token influencer and former Bitboy Crypto YouTube channel host, has announced plans to put his Bored Ape Yacht Club NFT for auction. Ben anticipates cashing out his digital collectible and leverages the funds on other personal issues. Ben Armstrong Announces Plans To Sell His Bored Ape NFT In an October 01 blog post, Ben Armstrong announced plans to sell his Bored Ape Yacht Club, an NFT collection from the digital asset firm Yuga Labs. The NFT influencer offers his Bored Ape…
[ad_1] Join Our Telegram channel to stay up to date on breaking news coverage Proof Collective, the leading digital art platform and the company behind the popular Moonbirds non-fungible tokens has partnered with vintage clothing brand MNTGE to launch first–of–its–kind customizable branded vintage denim jackets. Moonbirds Set To Launch Vintage Denim Jackets Today In a September 26 blog post, Proof Collective confirmed teaming with MNTGE, a pioneering vintage clothing brand, to offer an IRL vintage workshop, customization, and minting experience. The highly anticipated event is set to take place today, September 29. Join us this Friday, Sep 29, as we…
[ad_1] Non-fungible tokens continue pushing harder amid the general crypto bear market, which has left the majority of digital collectibles nearly worthless. The prolonged crypto bear market has also held the flagship crypto “Bitcoin” below the $30,000 level for several months now. In this article, we have listed some of the top-selling NFTs this last week of September. Source: CoinGecko.com, Top Selling NFTs 1. Pudgy Penguins NFTs Pudgy Penguins is a non-fungible token collection featuring a limited set of 8,888 unique tokens depicting adorable chubby cartoon penguins. Pudgy Penguins is the most traded NFT collection this last week of September.…
[ad_1] Following the massive breach on crypto investor and Ethereum co-founder Vitalik Buterin’s X account over the weekend, there are red candles lighting across the global non-fungible token market. Ethereum-based NFTs have started the week down 7.49%. Vitalik Buterin X Account Hacked On September 10, Vitalik Buterin, the co-founder of Ethereum, fell victim to a hack on his x (formerly Twitter) account. The massive breach left over $691,000 in the form of crypto stolen after investors clicked on a malicious phishing link. Disregard this post, apparently Vitalik has been hacked. He is working on restoring access. https://t.co/2fjM0GhvIa — dima.eth (@BlockGeekDima)…