• 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

2 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

Ripple CEO Highlights Risks of US Regulatory Inaction

chest

Ripple CEO Brad Garlinghouse warns that US regulatory inaction could lead to a loss of competitive edge in the crypto space, driving innovation and capital to more favorable jurisdictions.

user avatarAndrew Smith

Bitcoin Retests Bearish Flag Pattern Amid Market Volatility

chest

Bitcoin is currently retesting a bearish flag pattern, with analysts warning of potential further declines.

user avatarJacob Williams

Investor Sentiment Shifts Due to Economic Concerns

chest

Investor sentiment shifted significantly in the digital asset market due to inflation fears, changing expectations around US interest rates, and rising tensions in the Middle East.

user avatarZainab Kamara

Binance and Hyperliquid Integrate Real-World Assets Trading

chest

Binance and Hyperliquid are expanding their trading offerings to include real-world assets, leading to increased trading volume, particularly in crude oil.

user avatarSon Min-ho

Binance to Launch 247 Perpetual Futures Trading in Crude Oil and Natural Gas

chest

Binance is set to launch 247 perpetual futures trading for WTI crude, Brent crude, and natural gas on April 1, offering contracts with up to 100x leverage.

user avatarAyman Ben Youssef

AAVE V4 Launch Coincides with EthCC in Cannes

chest

AAVE is set to activate its V4 on the Ethereum mainnet this week, coinciding with the EthCC event in Cannes, which is the largest annual European Ethereum gathering. This launch is expected to enhance the platform's security and risk parameters.

user avatarTando Nkube

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.