• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
The 2 million surge is the NFT's mysterious boom

The 2 million surge is the NFT's mysterious boom

user avatar

by Liza Tanasova

3 years ago


Three months after Mythical Games' mobile game NFL Rivals crossed the $1 million threshold in NFT trading volume, the project has taken a new turn, reaching $2 million. This milestone achievement is accompanied by a surge in the number of wallets holding NFT games.

An interesting aspect of the news is that the number of wallets holding NFT games has increased significantly. While there were 35,710 wallets when the first million dollars was reached, when the $2 million mark was crossed, that number rose to 127,490 wallets, representing an increase of 257%.

This figure indicates that more wallets belonging to official NFL players are acquiring NFTs, likely as in-game rewards or through in-game purchases (IAPs).

Another interesting aspect of the NFL Rivals game is that people are actively buying NFTs, both through the game app itself and online using the Mythical Marketplace.

In September, the number of wallets buying NFTs was 4,613 and the number of wallets selling NFTs was 2,922. As of today, those numbers have increased to 16,676 (up 262%) and 9,694 (up 232%) respectively.

For those who follow the development of NFL Rivals and are interested in transaction details, it may be worth paying attention to monitoring platforms such as CryptoSlam or using Mythical Blockchain Explorer for a more detailed analysis of individual transactions. News about the dynamics of this project will be of interest to anyone actively involved in the world of NFT and cryptocurrency technology.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Ethereum Faces Potential Third Consecutive Negative Quarter

chest

Ethereum is on track for a third consecutive negative quarter, raising concerns among traders despite strong staking signals.

user avatarArif Mukhtar

Glassnode Tracks Seller Exhaustion Constant for Market Insights

chest

Glassnode tracks the Seller Exhaustion Constant to analyze market trends and provide insights into seller behavior and market dynamics.

user avatarMaria Gutierrez

Gate Expands USDT Utility with Access to Hong Kong Stocks

chest

Gate has launched a new feature allowing users to access Hong Kong-listed stocks through USDT-powered accounts.

user avatarDavid Robinson

Uniswap's UNI Token Set for Massive Growth, Predicts Standard Chartered

chest

Standard Chartered's Geoff Kendrick predicts significant growth for Uniswap's native token, UNI, forecasting a price target of $100 by 2030 as Wall Street transitions to on-chain investments.

user avatarAndrew Smith

Stablecoins Make Their Mark in UFC Performance Bonuses

chest

Stablecoins have been used for UFC performance bonuses, showcasing their potential in public payments.

user avatarJacob Williams

Impact of Prediction Markets on Crypto Trading Culture

chest

Prediction markets are becoming increasingly relevant in the crypto trading culture, with potential implications for liquidity and market integration.

user avatarSon Min-ho

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.