• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
The NFT industry attracts new investors

The NFT industry attracts new investors

user avatar

by dapp_writer005

3 years ago


Despite the fact that many digital currencies are at the stage of stagnation, the market for non-fungible tokens continues to grow. Analytical data speaks for itself. For example, over the past month, the number of new traders, working with NFT, has grown by 18% and reached 1.11 million. At the same time, the scale of transactions remains insignificant, as activity in the crypto sphere weakens. 

Given the growth in the number of investors, we can say that new buyers are coming to the NFT market, and therefore, the popularity of collections is not falling. Also, it is worth noting that many exchanges add their own trading platforms for transactions with unique collections.

Analysts emphasized that the activity of buyers of non-fungible tokens is influenced by market behavior, for example, volatility and tightening of monetary policy.

Earlier it became known that Kraken is launching its own marketplace for NFTs.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other articles

Ethereum Name Service (ENS): How Web3 Domains and Digital Identity Work

chest

An in-depth overview of Ethereum Name Service, a decentralized Web3 domain protocol covering architecture, ENS token governance, use cases, and future development.

user avatarElena Ryabokon

Render Network Explained: How Decentralized GPU Rendering Works

chest

In-depth overview of Render Network, a blockchain protocol for decentralized GPU computing, rendering, metaverse applications, and AI workloads. Architecture, RNDR token, and future outlook.

user avatarElena Ryabokon

Pi Network: How the Mobile Blockchain and Its Economy Work

chest

A detailed overview of Pi Network, a mobile-first blockchain protocol focused on mass adoption, token distribution, ecosystem growth, and real-world utility.

user avatarElena Ryabokon

Upland Review: How a Web3 Metaverse with NFT Real Estate Works

chest

In-depth overview of Upland, a blockchain game featuring NFT real estate, a player-driven economy, and true digital ownership. Gameplay, tokens, and future potential explained.

user avatarElena Ryabokon

Gods Unchained Explained — How NFTs and Web3 Are Transforming Card Games

chest

Detailed overview of Gods Unchained: card-based gameplay, NFT cards, the GODS token, Web3 economy, and long-term prospects of a leading GameFi title.

user avatarElena Ryabokon

CryptoFisher Explained — How a Fishing Game Works in the GameFi Ecosystem

chest

Detailed overview of CryptoFisher: fishing gameplay, NFT assets, token economy, Play-to-Earn mechanics, and long-term prospects of the GameFi project.

user avatarElena Ryabokon

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.