Non-fungible token (NFT) sales experienced a 62.88% increase in November, reaching $ 588 million compared to $ 361 million in October. Ethereum-based NFTs dominated the market, generating $ 218.83 million—a rise from the $ 120 million recorded the previous month. Bitcoin and Ethereum Drive November’s $ 588M Surge After tumbling …
NFT Market Slump: Cryptopunks and Bored Ape Values Plummet Over 90 Days
Based on statistics from the past three months, the non-fungible token (NFT) collections Cryptopunks and Bored Ape Yacht Club (BAYC) have seen a notable decrease in value. On March 17, 2024, the floor value of Cryptopunks was approximately 49 ether, but 90 days later, it dropped to 25.45 ether. Major Declines in Cryptopunks, BAYC, and […]
Report: Cryptopunks and Blue Chips Power Top NFT Traders to Over $300 Million in Profits
The top 15 traders in the Ethereum non-fungible token (NFT) market have amassed up to $ 101.6 million in profits, as revealed in Coingecko’s latest NFT report. These traders lucratively capitalized on early investments in esteemed blue-chip NFT collections such as Cryptopunks, Bored Ape Yacht Club (BAYC), and Art Blocks. Navigating the NFT Gold …