The non-fungible token bear market is showing signs of receding as previously lesser-known tokens are gaining attention, such as Moon Girl. Despite the challenging market conditions, Moon Girl has emerged as one of the top ten best-selling NFT collections today.
Data extracted from DappRadar.com, a crypto market data aggregator and non-fungible token explorer, reveals a remarkable surge in trading sales volume for the Moon Girl NFT series. Over the last 24 hours, the collection has recorded a trading volume of $1.1 million, representing a staggering 1480% increase from the previous day.
Understanding the Moon Girl NFT Collection
Moon Girl is a collection of non-fungible tokens built on Polygon, a scaling solution network for Ethereum. Limited to 10,000 NFTs, each Moon Girl possesses a unique number and metadata, making replication impossible.
To prevent excessive selling, the Moon Girl team has implemented a program that allows holders of over 15 Moon Girls to receive 1 USDT daily after 24 hours. Furthermore, collectors with more than 150 Moon Girls can claim 50 USDT daily after 48 hours.
Additionally, holders of 500 or more Moon Girls are entitled to 300 USDT every day after 24 hours. The collection also rewards those with Moon Girls numbered containing '8' by granting 1 USDT per day. Such incentives are a rarity among NFT collections.
Operating on Polygon's chain technology, Moon Girl adheres to the ERC-721 standard, ensuring the uniqueness and immutability of each token. Issuance and trading are facilitated through smart contracts, guaranteeing secure and transparent transactions.
Polygon NFT Sales Experience a 7% Surge
The surge in Moon Girl NFT sales, in conjunction with other NFT transactions, has propelled the trading volume on Polygon network by 7% to reach $2.3 million within 24 hours. Currently, Polygon stands as the fourth most active blockchain network in the NFT space.
Notable NFT Updates
- My Neighbor Alice witnesses an 85% price surge, hinting at a potential resurgence for the 2021 metaverse game.
- NFTs are reawakening after a dormant phase, with the top 10 NFTs witnessing increased sales this week.
- Runestone, The Captainz, NodeMonkes, and others defy the NFT bear trend to emerge as top collections in the market.
