NFT prices are continuing to rise, with November 6, 2023, marking their highest volume day in the last three months. One episode of The Simpsons prominently featured NFTs and sent an excitement wave through the market, powering the movement of derivative projects. CryptoPunks are holding over $90,000, potentially inspired by the news that BAYC co-founder… Continue reading NFT Markets Awaken Amid Economic Downturn
Tag: market analysis
NFT Market Soars Sharply Despite The Recent Crypto Market Dump
The latest market data analysis confirmed that the non-fungible tokens (NFT) markets have experienced a sharp increase in the last seven days, despite the current crypto market downtrend. This sharp correction shows that notable investors see the recent downturn as a buying opportunity. Since the start of May, the total market capitalization for non-fungible tokens… Continue reading NFT Market Soars Sharply Despite The Recent Crypto Market Dump
ApeCoin Is The “Go-to Token” In The Metaverse – ApeDAO
ApeCoin seems to be taking the NFT world by storm. After massively exploding into more mainstream last year, the rapidly evolving non-fungible tokens seem to be continuing with their upside momentum in 2022. NFT projects are integrating culture, gaming, and commerce in new ways. This move makes ApeCoin owners believe that its native coin will… Continue reading ApeCoin Is The “Go-to Token” In The Metaverse – ApeDAO
NFT Traders Exploit Crypto’s Unregulated Space By Wash Trading On LooksRare
LooksRare strives to be an alternative nonfungible token (NFT) marketplace to OpenSea. However, the amount of wash trading happening on this platform increases the questions on whether the users view it as a worthwhile competitor. This marketplace made its debut on January 10 and the recently launched NFT marketplace has attracted lots of attention not… Continue reading NFT Traders Exploit Crypto’s Unregulated Space By Wash Trading On LooksRare
Interesting NFT Projects Launched This Week: Ethaliens, Cool Pets And KaraFuru
Many drops are happening in the nonfungible token (NFT) world. It is easy for investors to find something to invest in as many floats and drops come up. But, here are some of the most interesting projects that many might have missed. With the crypto prices struggling to recover from a recent drop, NFTs seem… Continue reading Interesting NFT Projects Launched This Week: Ethaliens, Cool Pets And KaraFuru
Shiba Inu (SHIB) Is Up 800% In 30 Days, What Is Pushing It?
Shiba Inu (SHIB), a dog-themed crypto, has been on an upside crazy trend in the past 30 days. After rising above $40 billion in its market capitalization, the crypto has cooled down and it currently has a market cap of $36.31 billion at the time of writing. Chris Morris wrote for Fortune: The crypto that… Continue reading Shiba Inu (SHIB) Is Up 800% In 30 Days, What Is Pushing It?