NFT Marketplace Is Predicted To Stay Ahead In 2023 - Explore
According to data gathered by LunarCrush , it was observed that global activity around NFTs reached new heights. In fact, the social mentions and engagements for the global NFT market witnessed a massive spike over the last week. This surge in activity on social media was caused by the collective interest generated in multiple NFT collections ranging from the Bored Ape Yacht Club (BAYC) to CryptoPunks and Meebits. Planet of the Apes This sudden increase in interest could have impacted the price of NFT collections such as BAYC. According to data provided by NFTGO, the floor price for BAYC NFTs increased by 15.02% over the last seven days. Along with that, the concentration of Whale Sales also increased towards the end of the week. Other NFTs, such as CryptoPunks, also observed positive developments. Based on the data provided by DappRadar, the volume of the CryptoPunks NFT collection grew by 89.64% in the past week. At the time of writing, the volume of the CryptoPunks NFT collect...