NFT Trading Volume Rises In A Backdrop Of Market Slump By ... - Investing.com

NFT Trading Volume Rises In A Backdrop Of Market Slump By … – Investing.com

Cryptocurrency 16 mins ago (Jan 06, 2023 07: 00 AM ET)

NFT Trading Volume Rises in a Backdrop of Market Slump NFT Trading Volume Rises in a Backdrop of Market Slump

  • NFT sales struck 3 months high up on January 5.
  • 2022 NFT sales document comparable numbers as 2021 high.
  • OpenSea was the leading industry for NFT sales in December.

As 2023 starts, NFT trading quantities appear to be growing in spite of the ongoing market recession. According to information from NFTGO, January 5 saw a record-breaking 32,000 ETH sold a solitary day on the NFT market. This notes the very first time in 3 months that this has actually happened. OpenSea’s ETH profession quantity got to a two-month high on the exact same day.

Data from DappRadar reveals that 2022 saw a rise in overall NFT sales quantity virtually on the same level with 2021’s high. In 2022, the NFT market natural profession quantity throughout blockc