The trading volume in the NFT market increased by 37% in the last 24 hours

The trading volume in the NFT market increased by 37% in the last 24 hours

user avatar

by Eve Adams

2 years ago


Analysts from CryptoSlam noted that the sector of non-fungible tokens (NFT) has attracted significant attention from traders and collectors over the past 24 hours. As of June 7, 2024, asset sales are once again on the rise.

Experts emphasized that in the last 24 hours, the volume of transactions in the NFT market reached $23.81 million, which is 37.63% more compared to the previous day. The number of token buyers increased to 69.71 thousand (+13.89%), while the number of sellers reached 49 thousand (+18.98%). The total number of transactions grew to 220.83 thousand, which is 11.05% more than the previous day.

Among the collections, Moon Girl on the Polygon blockchain leads with sales amounting to $1.55 million. In second place is Uncategorized Ordinals (Bitcoin) with $1.29 million, and in third place is Guild of Guardians Avatars on the ImmutableX platform with $1.14 million. By sales volume, the Bitcoin network leads with $7.21 million (+118.56%). Next are Ethereum with $6.29 million (+22.06%) and Polygon with $3.86 million (+29.56%).

Other notable collections include Pandora (Ethereum) with sales volume of $835.93 thousand, Bored Ape Yacht Club with $781.19 thousand, DMarket with $626.96 thousand, and Poker Girl with $528 thousand. Mad Lads on the Solana platform showed a result of $468.09 thousand, and the legendary CryptoPunks (Ethereum) with $463.62 thousand.

This data suggests a renewed interest in the NFT market, which is showing significant growth across all key indicators. Investors and collectors are actively participating in trades, increasing the number of transactions and maintaining high trading volumes.

NFT sales and the number of transactions indicate positive trends and renewed activity. Notably, the Bitcoin and Ethereum blockchains continue to dominate, attracting significant capital and user interest.

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

XRP's Technical Indicators Point to Potential Bullish Momentum

XRP's technical indicators suggest a possible bullish crossover, despite a bearish death cross setup.

user avatarMaya Lundqvist

Crypto Market Sees Recovery as Bitcoin Surges Above 80,000

Crypto traders are feeling more optimistic today as Bitcoin has climbed back above 80,000 after a tough period marked by a Federal Reserve rate hike and a Senate vote against the Clarity Act.

user avatarLeo van der Veen

US Treasury Targets BitBank in Sanctions Evasion Crackdown

The US Treasury has sanctioned BitBank, an Iranian exchange involved in facilitating Bitcoin payments for shipping companies in the Strait of Hormuz.

user avatarLi Weicheng

Solana Reclaims 105 Price Level After Market Dip

Solana's price recently fell to 96 after a marketwide dip but has since rallied to reclaim the 105 mark, experiencing a 56% increase in the last 24 hours.

user avatarAisha Farooq

MEXC Launches 'Trading Takes Two' Campaign to Showcase AI Capabilities

MEXC is launching a month-long campaign titled 'Trading Takes Two' to showcase how MEXC AI supports users in their trading journey.

user avatarTenzin Dorje

HTX Research Highlights Risks in Stock-Linked Memecoins

HTX Research's report highlights the risks of stock-linked memecoins, focusing on misleading high APY figures and the importance of understanding market conditions.

user avatarBayarjavkhlan Ganbaatar

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.