NFTs Weekly Sales Jump 12% To Reach +$200M – InsideBitcoins
Non-fungible tokens, which used to be the talk of the streets in December 2021 and January 2022, are back again on hype after suffering more than two years of brutal downturn. Even though several NFT collections are still down in value, most NFT collections have made a remarkable resurgence in the past few weeks. In this article, we shall explore the state of the NFT market in the past seven days. NFT Sales Pump 12% In The Past 7 Days Data compiled by CryptoSlam.io, a renowned non-fungible token collection explorer backed by the crypto billionaire investor Mark Cuban, shows that the global non-fungible token market has surged again in sales this past week. From December 09 to December 16, 2024, the global NFT market has raised a trading sales volume of $203 million, up 12% from the previous week. Ethereum, the same blockchain network powering Ethereum (ETH) and renowned in the NFT market for hosting the majority of blue-chip non-fungible token collections, has been the most traded ...