After a dip in August, the first week of September didn’t bring much sunshine to the world of non-fungible tokens (NFTs). Sales slid by 7.69% over the seven-day period. The total number of NFT transactions was just over 1 million, which is a notable 36.93% drop from the previous week. September NFT Sales Struggle With […]
Bitcoin Is Akin to a ‘Liquid Collectible’ Says DOT Activist Giotto De Filippi
The quality of a meme coin’s distribution is what determines if it has staying power or not, Giotto De Filippi, the co-founder of NFT Juice has said. De Filippi, an activist for Polkadot’s crypto token DOT, suggested that only a few meme coins owe their success to a “very good distribution” which he said takes […]
NHL Dives Into NFT Market With ‘Breakaway’ Platform, Amidst Shifting Digital Collectible Trends
The National Hockey League, the NHL Players’ Association, and the NHL Alumni Association have collaborated with the non-fungible token (NFT) firm Sweet to introduce NHL Breakaway, a digital collectibles platform. The NHL says the collectibles enable fans globally to collect, gift, trade, and showcase highlights and significant moments from NHL history. NHL Partners With …
NFT Sales Doldrums: 30-Day Plunge Sees 34% Decline Amidst Chilling Digital Collectible Sector
Fresh data indicates a continuing decline in non-fungible token sales, dipping 3.2% in the last week and plummeting 34% over the past month. As September nears its end with six days remaining, NFT sales have tallied up to $ 341.37 million since August 24. NFT Sales Still Can’t Escape Crypto Winter’s Wrath This September, …