NFT market

The non-fungible token (NFT) market is seeing a bullish trend, hitting a 3-month high for the second consecutive day with 125,814 trades in the past 24 hours. This trend is expected to continue as the market has experienced 19 consecutive days with at least $50 million traded every day since...

After a steep decline in user activity towards the end of 2022, total gas consumption by non-fungible token (NFT) transactions has risen by 97% for two consecutive months. This suggests that activity around NFTs is approaching levels seen during the NFT boom, according to a report by blockchain...

A day after Magic Eden suffered a technical glitch that resulted in 25 unverified NFTs being sold as part of verified collections, the company announced on Thursday it would be refunding all users who mistakenly bought the unverified NFTs. What Happened: The NFT marketplace said the issue...

Digital assets, like virtual private islands and mere plots of land such as the JPMorgan Chase & Co. (NYSE: JPM) lounge in Decentraland (CRYPTO: MANA), witnessed multi-fold price appreciation during late 2021 and early 2022. Since then, the value of that virtual land has been on a downward...

By Ezequiel Pescetti, Director of Research at Finanflix Throughout this article, you’ll come to understand how the NFT market has changed during the last year. We have to understand that the NFT market is an unconventional one, with ever-changing rules (tendencies), defining it as a dynamic...