Reddit NFTs on Polygon Spike 1,113% in Trading Volume as Millions Rush to Participate

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Reddit NFTs on Polygon Spike 1,113% in Trading Volume as Millions Rush to Participate
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Reddit's NFTs are causing unprecedented hype with almost 3 million holders already redditavatars reddit nftmarketplace nftgaming matic polygon polygonnft $matic

floor price ranges from $10 to $100, the total market capitalization of digital avatars on the popular social network is $113 million. The most expensive of such NFTs costs $18,146, and the cheapest $29.

It seems amazing that Reddit manages to sell out tens of thousands of NFTs in a few hours in such a"depressed crypto market" as well as collect 3 million holders. Nevertheless, according to experts, this is just the beginning, given that the monthly audience of Reddit is just over 50 million users.

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