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.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Nvidia Introduces OpenShell Reference Architecture for AI Agents

Nvidia has introduced the OpenShell Reference Architecture, a design for managing autonomous AI agents, at GTC Berlin.

user avatarNguyen Van Long

OpenAI Announces $1 Billion Commitment to Cybersecurity

OpenAI announced a $1 billion commitment to enhance cybersecurity measures through its AI program, Daybreak, aimed at providing subsidized access to advanced AI tools for defenders of critical infrastructure.

user avatarSatoshi Nakamura

Elon Musk Proposes Merger of SpaceX and Tesla

Elon Musk announced that SpaceX and Tesla have formed special committees to explore a merger that could create a corporation valued at approximately $35 trillion.

user avatarJesper Sørensen

Standard Chartered to Acquire Zodia Custody

Standard Chartered has signed definitive agreements to acquire Zodia Custody Limited, enhancing its digital asset safekeeping services.

user avatarRajesh Kumar

Critical PHP Vulnerability Leads to Global Website Shutdowns

A critical vulnerability in PHP has caused panic worldwide, leading several countries to take down government websites and urging organizations to shut down their PHP-based sites.

user avatarLucas Weissmann

Probly Showcases Innovative Prediction Market Solutions at TOKEN2049

During TOKEN2049, Probly showcased its innovative approach to prediction markets, emphasizing accessibility, broad market coverage, and onchain settlement.

user avatarFilippo Romano

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.