NFT Trading Volume Nears $1B in November Amid Bullish Crypto Markets
According to DappRadar, nonfungible token (NFT) trading has surged with a volume nearing $1 billion in November, indicating a shift in user behavior compared to earlier downturns in NFT trading. NFT sales volumes showed continued weekly increases in October, consistently going up from $56 million to $129 million. Executives in Web3 believe that this trend may continue further in the coming months. Despite a seemingly bearish mood all year, blockchain gaming projects managed to secure $2.3 billion in investments from the start of 2023 up to October.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
ZKsync Community Initiates TPP Draft for “AAVE DAO Airdrop Claim Extension Request”
Pudgy Penguins' parent company's L2 public chain Abstract confirmed to be launched this month
Bitcoin mined a "half-empty" block at height 878889 85 minutes ago