• 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

Bitcoin ETFs Match Gold Inflows in Record Time

chest

Bitcoin ETFs have matched gold ETFs in investor inflows in under two years, despite a significant price drop.

user avatarMohamed Farouk

South Korea's Corporate Crypto Investment Guidelines Favor Non-Stablecoins

chest

The Financial Services Commission (FSC) of South Korea has proposed guidelines allowing investments in the top 20 non-stablecoin cryptocurrencies, capping corporate exposure at 5% of a company's capital.

user avatarElias Mukuru

South Korea Excludes Stablecoins from Corporate Investment Framework

chest

South Korean financial regulators are set to exclude US dollar-pegged stablecoins from a new framework allowing corporate investments in cryptocurrencies.

user avatarDiego Alvarez

Inactivity Among Bitcoin Long-Term Holders Amid Market Uncertainty

chest

Recent data shows that Bitcoin long-term holders are largely inactive, choosing to hold their assets instead of redistributing them.

user avatarKenji Takahashi

Hourglass V2 Proposal Introduced to Safeguard Satoshi Nakamoto's Bitcoin

chest

Hourglass V2 proposal introduced by Hunter Beast aims to limit P2PK outputs to one per block to safeguard Satoshi Nakamoto's Bitcoin holdings from quantum threats.

user avatarMaria Fernandez

Senator Ted Cruz Advocates for Permanent Ban on CBDCs

chest

US Senator Ted Cruz is advocating for a permanent ban on central bank digital currencies (CBDCs) by filing an amendment to the 21st Century ROAD to Housing Act, aiming to eliminate the temporary ban set to expire on December 31, 2030.

user avatarGustavo Mendoza

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.