Tag: OpenSea

Non-fungible tokens (NFTs) trading is soaring to 8x multiples of the levels seen this March when the NFT frenzy burst into mainstream media with sound headlines, as art dealers were excited. Digital collectibles mania seems to be back as the NFT flagship marketplace prints new records, according to the trading volumes on the OpenSea platform….

The NFT boom caused OpenSea trading volume to explode 76,240% year-to-date. The non-fungible token (NFT) marketplace processed 1.18 million transactions worth $1.06 billion just in the last 30 days. Trading volumes on peer-to-peer nonfungible token (NFT) marketplace OpenSea in 2021 have surged by over 12,000%. According to DappRadar data, the total incoming value to OpenSea’s…

Non-fungible token (NFT) activity is far from dead and seems to be picking up speed – with rich investors spending millions on artworks, NFTs are selling for millions for a piece, and the trading volumes are growing up again. Jeff Dorman, Chief Investment Officer of US-based investment management firm Arca, said on Twitter: “The rise…

Markets for digital collectibles known as non-fungible tokens (NFT) have climbed to record highs in trading volume and average prices in the past week, particularly over the weekend. NFT marketplace OpenSea saw record trading volume on Saturday and Sunday as CryptoPunks, ArtBlocks, and Bored Ape Yacht Club prices soared. While traditional crypto assets have seen…