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Showing posts with the label sales volume

Top Selling NFTs This Week – Pudgy Penguins Leads In Sales Volume

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The non-fungible token market is experiencing another fresh bull run fueled by renewed interest from NFT traders and a promising crypto-friendly regulation under United States President Donald Trump, among other global regimes. By description, a bull run is a period in the NFT market where floor prices keep on rising, creating an atmosphere of optimism and excitement. Below, we have listed some of the top-selling NFTs this week: 1. Pudgy Penguins NFT Collection Pudgy Penguins, a non-fungible token collection from the digital asset firm and a toy brand Igloo that Features a limited supply of 8,888 NFTs created on the Ethereum blockchain network, is this week’s most-traded NFT collection in the NFT market. In the past 24 hours, the Pudgy Penguins NFT collection has recorded a trading sales volume of 4,394 ETH. The Penguins NFT collection has a market capitalization of $1.08 billion and a floor price of $122,535. 2. Lil Pudgy NFT Collection Lil Pudgy, another non-fungible token ...

NFTs Are Still Trading Low In This New Month – Here’s What Fueling This Downturn

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The non-fungible token market has failed to kick off positive momentum as previously predicted. In the past several weeks, industry experts, traders, and creators had predicted the market would retest the hype from this month. But just a few hours into the new month of October, hope seemed further away than ever. In this article, we shall explore what is still pulling the NFT market down. NFT Sales Are Still Down In This New Month Data compiled by CryptoSlam.io, an on-chain crypto market data aggregator and non-fungible token explorer backed by Mark Cuban, indicates that the global non-fungible token market is still trading below $20 million, contrary to previous bullish predictions. In the past 24 hours, the NFT market has recorded a trading sales volume of $10 million, up just 2.17% from the past day. During this period, Ethereum-based NFTs are the most-selling NFT collections. In the past 24 hours, the Ethereum-based NFT collection has amassed a trading sales volume of $...