crypto exchangeWeekly NFT trading volume drops from $1.8 billion in August 2021 to...

Weekly NFT trading volume drops from $1.8 billion in August 2021 to $73 million

Author: Andrew

Data from the Dune dashboard shows that trading volumes for all NFTs have dropped significantly, from $1.8 billion in weekly trading volume in August 2021 to about $73 million currently.

The base price of many projects has dropped significantly, such as The Merge, which attracted more than 30,000 collectors and paid a total of 91.8 million US dollars to mint the collection, but the base price of the series has dropped from about 25ETH to 1.1ETH today, the base price of MPL NFT Currently at 0.011ETH (~$19), the Maya Spirits NFT is currently trading at a base price of 0.015ETH (~$26).

Share This Post

Andrew
Andrew
Self-taught investor with over 5 years of financial trading experience Author of numerous articles for hedge funds with over $5 billion in cumulative AUM and Worked with several global financial institutions. After finding success using his financial acumen to build an investment portfolio, Andrew began writing and editing articles about the cryptocurrency space for sites such as chaincryptocoins.com, ensuring readers were kept up to date on hot topics such as Bitcoin and The latest news on digital currencies and Ethereum.

Related Posts

Uniswap Labs Launches Unichain, a Layer 2 Blockchain for Faster Transactions

Uniswap Labs, the entity behind the popular decentralized finance...

Stripe Reintroduces Crypto Payments for U.S. Businesses

Stripe has announced the reactivation of crypto payments for...

South Korea’s FSC to Reassess Ban on Spot Crypto ETFs

South Korea's Financial Services Commission (FSC) has announced plans...

NFT Market Shows Signs of Recovery with Surge in Weekly Sales

The market for non-fungible tokens (NFTs), once deemed “worthless,”...

Bitcoin Slides as Market Awaits Key U.S. CPI Report

Bitcoin experienced a decline of approximately 1.6% over 24...

Dubai’s VARA Imposes Fines on Seven Unlicensed Crypto Entities

Dubai's Virtual Assets Regulatory Authority (VARA) has announced fines...
Previous article
Bloomberg analyst: SEC may use custody argument to refuse to convert GBTC into spot ETF
Next article
Patrick McHenry: SEC Chairman’s crusade against the crypto ecosystem is falling apart

Welcome to [Chaincryptocoins], where the future of finance is at your fingertips. In this dynamic era of digital innovation, we invite you to embark on a journey into the exciting world of cryptocurrencies.

2023 © Copyright chaincryptocoins.com