Nansen: The current total market value of NFT is US$5.6 billion

Bitget App

Trade smarter

Cointime2023/11/07 12:00

By:Cointime

According to blockchain analysis platform Nansen, the total market value of NFTs (limited to ETH) was 2,635,087 ETH (worth $4.7 billion in ETH price) last week. Today, the total market value of NFTs is 2,973,212 ETH (worth $5.6 billion at current prices). However, the NFT market needs to increase by 535 times to reach the peak NFT market value of $30 trillion in November 2021. One important factor in the decline of the NFT market peak is the decrease in ETH price.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.

APR up to 10%. Always on, always get airdrop.

Lock now!

Share link:In this post: A Bloomberg report suggested that Sony is working on a handheld PlayStation console that will support PS5 games. The report suggested the possibility of the device being years away from launch. Nintendo is currently the only console with a handheld device and will launch its successor next year, while Microsoft is also working on its handheld console.

Cryptopolitan•2024/11/25 16:22

UK plans to integrate crypto with traditional finance

Share link:In this post: The UK government is pushing for the integration of traditional finance and crypto assets. Bank of England and the Financial Conduct Authority launched the Digital Securities Sandbox. A Digital Assets Bill was also added to the UK Parliament.

Cryptopolitan•2024/11/25 16:22