Bored Ape NFT Regains Its Initial Traction – Its NFT Sales Jump +180% Today insidebitcoins.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insidebitcoins.com Daily Mail and Mail on Sunday newspapers.
New Delhi [India], March 11 (ANI/ATK): According to a recent report released by DappRadar, a web3 data platform, NFT trading volume reached 2 billion dollars in February. Though the NFT sales in the market decreased by 32% from January, the trading volume saw a whopping rise of 120%. In 2014, Kevin Mckoy, a digital artist, made a video clip and registered it on the Namecoin blockchain. He then sold it to Anil Dash, an American technology executive, for 4 dollars. It was the first ever NFT created and sold. Now, the global market size of the NFT is expected to reach more than 211 billion dollars by 2030. The global market capitalization of the NFT market has seen a massive hike in the last year. In 2020, the NFT market cap was at 85 million dollars, and it jumped to a whopping 20 billion dollars, a 23,449% rise in 2021. But, the market started to fall in 2022. In September 2022, NFT trading volume collapsed by 97% since the beginning of the year. The terrible fall of Terra and its UST,
NFT trade volume hit USD 2 billion in Feb! Bitcoin Ordinals, Yuga Labs, and Dogetti played a major role webindia123.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from webindia123.com Daily Mail and Mail on Sunday newspapers.
SINGAPORE - The rise and rise of non-fungible tokens means that NFTs have changed the way people look at digital art. An NFT is a unique crypto-currency token that can take the form of anything digital, such as a drawing, an animated GIF, a song, an item in a video game or even the first tweet by former Twitter head.