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

Mysten Labs Unveils Sui Testnet v1801 for Developers

Mysten Labs has launched the Sui testnet v1801, allowing developers to preview changes in protocol version 137.

user avatarAyman Ben Youssef

Bybit Introduces Bybit Odds, Integrating Prediction Market Analytics

Bybit has launched Bybit Odds, an innovative analytics product designed to integrate prediction market data into its trading ecosystem.

user avatarTando Nkube

Binance Expands Automated Trading Tools for Users

Binance has introduced new Spot Grid and Spot DCA bot support for additional trading pairs, enhancing its spot platform's automation.

user avatarKofi Adjeman

China Launches Investigation into AI Labs for Data Misuse

China has launched an investigation into AI labs DeepSeek and Moonshot AI for allegedly routing sensitive user data to Anthropics servers.

user avatarNguyen Van Long

Lion Group Holding Adds HYPE Tokens to Corporate Treasury

Lion Group Holding has disclosed a corporate treasury position of approximately 195,000 HYPE tokens, marking a significant move in corporate crypto asset holdings.

user avatarSatoshi Nakamura

Zcash ETP Gains Traction Amidst Market Surge

Zcash has seen a remarkable price increase this year, with gains exceeding 2,700%, fueled by the launch of the Zcash exchange-traded product (ETP) by 21Shares, providing a regulated way for investors to gain exposure to Zcash.

user avatarJesper Sørensen

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.