The ongoing crypto downturn has dampened the NFT industry’s excitement while existing big shots like Yuga Labs continue.
For the first time since last June, the market failed to hit $1 billion in trades. NFT users have now resorted to liquidating their investments, anticipating better market prospects.
In fact, four projects owned by the NFT giant: CryptoPunks, Bored Ape Yacht Club, Mutant Ape Yacht Club, and Otherdeed for OtherSide, alone represented over $160 million traded in July. DappRadar’s latest blockchain industry report highlighted the hyper-centralization of activity in blue-chip NFT collections that continue to retain most of their value.
Additionally, the number of traders has also declined by 8% MoM despite registering modest gains of 40% from July 2021.Its market share, however, has fallen from 84% in May to the current 58.6% measured in July. The diminishing volume is not surprising as the NFT market matures.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Meta's NFT Outreach Powers 38% Rally in FLOW TokenThe dollar value of open positions in Binance-listed FLOW futures has increased by 345%, validating the price rally.
続きを読む »
SuperRare NFT Market: A Beginner’s GuideTo distinguish itself from other NFT marketplaces, SuperRare emphasizes the exclusivity of its digital artworks and only allows NFTs that are one-of-one editions to ensure their pieces are, well, “super rare.”
続きを読む »
Tracking the Latest Trends in NFT FinanceNFTs have often been unduly pathologized. Pigeonholed as ‘JPEGs’ by the media, the nascent industry has often been framed as a cauldron of
続きを読む »
ARC — a pioneering soulbound NFT membership project — offers real-world utilityEnthusiasts should look to ARC for pioneering a nonfungible token (NFT) membership club, which has arrived to establish real connections in a shared space of infinite possibilities.
続きを読む »
What Is Magic Eden? How to Get Started on the NFT MarketplaceMagic Eden is the most popular NFT marketplace on Solana, and recently announced plans to go multi-chain and add Ethereum NFTs to its platform. Rob_Stevens_ takes you through what you need to know about Magic Eden:
続きを読む »
Meta Expands Instagram's NFT Rollout to 100 Countries — Platform Connects With Third Party Web3 Wallets – Bitcoin News'We now support wallet connections with the CoinbaseWallet and Dapper, as well as the ability to post DigitalCollectibles minted on the Flow blockchain,” Meta’s blog post says. NFTs
続きを読む »