This past week has shown a drop, in fungible token (NFT) sales, continuing a downward trend that started earlier this month.
CryptoPunks News
The world of digital collectibles has been an area of unprecedented growth, hype, and speculation over the past few years.
A notable transaction within the NFT realm, CryptoPunk #7458, sold for 600 ETH, signaling a potential uplift in the digital collectibles market.
The Non-Fungible Token (NFT) market, once a burgeoning sector of the digital economy, has recently shown signs of significant contraction.
Coingecko’s latest NFT report shows that the top 15 NFT traders have made $299 million in profits.
A recent report from DappRadar, a respected global leader in blockchain and non-fungible token (NFT) data analytics, reveals a sharp drop in NFT sales in the first half of 2023.
NFTstats.eth tweeted that the zombie CryptoPunk #8531 just held by Punks OTC on July 14 was sold at a price of 550 ETH (worth more than $1.06 million), and the buyer was metaversalvault.eth.
On March 16, DappRadar released a report stating that the recent failure of Silicon Valley Bank has had a serious impact on the transaction volume of NFT.
More than 7,000 Ordinal inscriptions have been included on the Bitcoin blockchain, leading to increased popularity among some Bitcoin communities.
After saying goodbye to the explosive growth of 2021, the NFT market ushered in a very different 2022-NFT developed rapidly in the first few months, and then plummeted together with cryptocurrencies, and even the speculative frenzy ended.
How Can Create NFT Like Cryptopunks? First, you need to learn to create an NFT, and second, you need to understand the value of Cryptopunks and learn to promote your NFT.
Deeply restore the slump of BAYC, track the impact of well-known NFT projects in the market, and give an analysis of the reasons for the slump of blue-chip NFT.
Yuga Labs is reportedly facing an investigation by the U.S. Securities and Exchange Commission (SEC) over the legality of its sales of high-value NFT products.
On September 22, Chiru Labs, the parent company of Japanese anime-style NFT project Azuki, raised $30 million in its latest Series A financing, raising its valuation to $300-400 million.
One of the hottest areas of DeFi right now is the intersection of DeFi and NFTs, also known as NFTfi.
DappRadar recently released an NFT report, the main points are as follows:
According to data from encrypted data tracker DappRadar, after the merger of Ethereum, the sales of NFTs on multiple chains saw a short-term significant increase.