Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Cardano (ADA) Dips: Temporary correction or start of deeper movement?

2025-05-13

Bitcoin near ATH, but still no extreme greed: green sign for Bull Run?

2025-05-13

Abu Dhabi launches a large project with Agile Dynamics for quantum -safe blockchain

2025-05-13
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Abu Dhabi launches a large project with Agile Dynamics for quantum -safe blockchain

    2025-05-13

    Zimbabwe is turning into blockchain to breathe new life into the trust of the carbon credit of carbon credit

    2025-05-12

    Atlaspad and Arichain unite to stimulate user-friendly and scalable web3 acceptance

    2025-05-12

    Why Wall Street Crypto will not embrace without privacy of zero knowledge

    2025-05-12

    R2 Testnet affects 10 million transactions with 200K+ users in weeks

    2025-05-12
  • NFT

    Trump’s Crypto -Dinner cost VIP -Aurter $ 4.8 million

    2025-05-12

    New details about Trump’s Memecoin leaks from the official website – this is what they intend

    2025-05-12

    NFT -turns 10.6% to $ 115 million, Doodles Rally 500%

    2025-05-11

    Drink-to-earn? A new sparkling water comes with an NFT and points

    2025-05-08

    Cobie says we will return if someone buys this $ 20 million NFT

    2025-05-08
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Cardano (ADA) Dips: Temporary correction or start of deeper movement?

    2025-05-13

    The market capitalization of PI Network jumps $ 7 billion like token skyrockets 110% in a week in the middle of market bending

    2025-05-12

    Coinbase head of the institutional strategy says that scarcity stimulates the overwhelming wave of demand from major players

    2025-05-12

    Can the resistance crush and re -design the rally?

    2025-05-12

    XRP performs better than the crypto market with 10% jump if open interest rises beyond $ 5 billion

    2025-05-12
  • Learn

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10

    What Is Proof-of-Stake (PoS)? A Beginner’s Guide

    2025-05-09

    What Is a Layer-1 (L1) Blockchain?

    2025-05-03

    What is a Layer-2 (L2) Blockchain Network Solution?

    2025-05-02
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»NFT»The NFT market is slowing despite the rise of crypto
NFT

The NFT market is slowing despite the rise of crypto

2023-10-26No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Despite the fact that the value of digital assets has risen significantly, the overall NFT market appears to be where it has been. Over the past week, Bitcoin has witnessed a 22% increase; from the $28,000 figure it has reached $35,000. Bitcoin managed to advance the sector through two assets: Houbi’s HT and Trust Wallet’s TWT. According to CoinGecko’s observation, this is among the first 100 in terms of market capitalization, which is in danger.

According to the data released by Nansen, the minimum price for a single NFT, known as the floor price, covering top projects like CryptoPunks and Pudgy Penguins has fallen by 4% and 5% respectively over a seven-day period. period of time.

In the case of the Nansen NFT-500 index, it is less active, with a current value of 308, compared to an annual increase of 1,700 in October. On October 24, the number of buyer addresses fell to 7,200, while the number of starters stood at 920.

Taking all this into account, there still seems to be a hint of optimism in the air. Volumes related to trading appear to have decreased. On mainnet Ethereum, volume dropped to 29,742 ETH, equivalent to less than $50 million. Later in the week, 47,369 ETH worth of NFTs were traded and $85 million worth of NFTs minted.

Furthermore, there has been an increase in current projects with sales reaching milestones such as 10, 100 and 1,000 ETH. As of October 8, there were 41 aggregates of existing projects, compared to the current total of 80.

See also  Yuga Labs to Block NFT Trades on OpenSea Over Creator Royalties

Source link

Crypto market NFT Rise Slowing
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

The market capitalization of PI Network jumps $ 7 billion like token skyrockets 110% in a week in the middle of market bending

2025-05-12

Trump’s Crypto -Dinner cost VIP -Aurter $ 4.8 million

2025-05-12

Government control could cause the rise of ‘Dark Stablecoins’ – how?

2025-05-12

SEC chairman atkins repeats himself to overhaul crypto rules, promises to end ‘Regulation by enforcement’

2025-05-12
Add A Comment

Comments are closed.

Top Posts

As Ethereum claws back $2,000, here’s what you need to know

2023-11-24

Magic Eden Is Moving To Optional Royalty Payments

2022-10-16

Bitcoin, Ethereum, and Solana all hit new highs over the holidays – here’s what to expect in 2024…

2024-01-03
Editors Picks

SEC Chairman Warns That ‘Many’ Crypto Assets Are Securities, Says Investors Aren’t Getting Required Disclosures

2024-05-09

What Are They and How Do They Work?

2023-08-10

Bitcoin, Solana, Ethereum – How demand played out for all three

2024-04-02

Keyrock Trading joins Pyth Network as new data provider

2024-06-11
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Cardano (ADA) Dips: Temporary correction or start of deeper movement?

Bitcoin near ATH, but still no extreme greed: green sign for Bull Run?

Abu Dhabi launches a large project with Agile Dynamics for quantum -safe blockchain

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$102,708.78-2.75%
  • ethereumEthereum(ETH)$2,458.10-3.94%
  • tetherTether USDt(USDT)$1.000.02%
  • rippleXRP(XRP)$2.503.50%
  • binancecoinBNB(BNB)$649.25-1.73%
  • solanaSolana(SOL)$171.35-3.85%
  • usd-coinUSDC(USDC)$1.000.05%
  • dogecoinDogecoin(DOGE)$0.223799-8.68%
  • cardanoCardano(ADA)$0.79-4.14%
  • tronTRON(TRX)$0.262287-1.35%
  • suiSui(SUI)$3.97-5.97%
  • chainlinkChainlink(LINK)$16.44-6.14%
  • avalanche-2Avalanche(AVAX)$24.34-5.77%
  • stellarStellar(XLM)$0.306162-2.44%
  • shiba-inuShiba Inu(SHIB)$0.000015-9.38%
  • hedera-hashgraphHedera(HBAR)$0.207049-3.12%
  • the-open-networkToncoin(TON)$3.27-6.21%
  • hyperliquidHyperliquid(HYPE)$24.38-3.20%
  • unus-sed-leoUNUS SED LEO(LEO)$8.603.12%
  • bitcoin-cashBitcoin Cash(BCH)$396.69-3.86%
  • litecoinLitecoin(LTC)$103.231.01%
  • polkadotPolkadot(DOT)$4.96-5.45%
  • piPi(PI)$1.10-24.81%
  • moneroMonero(XMR)$335.20-1.60%
  • pepePepe(PEPE)$0.000013-8.75%
  • bitget-tokenBitget Token(BGB)$4.69-4.21%
  • daiDai(DAI)$1.000.03%
  • ethena-usdeEthena USDe(USDE)$1.000.06%
  • uniswapUniswap(UNI)$6.64-6.87%
  • bittensorBittensor(TAO)$457.67-4.28%
  • nearNEAR Protocol(NEAR)$3.05-6.35%
  • aptosAptos(APT)$5.64-6.98%
  • aaveAave(AAVE)$215.78-4.31%
  • okbOKB(OKB)$53.79-2.62%
  • ondo-financeOndo(ONDO)$1.00-8.01%
  • internet-computerInternet Computer(ICP)$5.56-5.36%
  • kaspaKaspa(KAS)$0.112569-11.73%
  • ethereum-classicEthereum Classic(ETC)$19.34-4.76%
  • gatechain-tokenGateToken(GT)$21.61-1.21%
  • mantleMantle(MNT)$0.78-3.56%
  • crypto-com-chainCronos(CRO)$0.098612-1.83%
  • render-tokenRender(RENDER)$5.05-7.31%
  • vechainVeChain(VET)$0.029986-7.05%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.247222-5.36%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.67-10.68%
  • ethenaEthena(ENA)$0.370667-12.12%
  • usd1World Liberty Financial USD(USD1)$1.000.16%
  • filecoinFilecoin(FIL)$3.02-6.43%
  • algorandAlgorand(ALGO)$0.233024-5.28%
  • cosmosCosmos(ATOM)$5.11-5.13%
  • bitcoinBitcoin(BTC)$102,708.78-2.75%
  • ethereumEthereum(ETH)$2,458.10-3.94%
  • tetherTether USDt(USDT)$1.000.02%
  • rippleXRP(XRP)$2.503.50%
  • binancecoinBNB(BNB)$649.25-1.73%
  • solanaSolana(SOL)$171.35-3.85%
  • usd-coinUSDC(USDC)$1.000.05%
  • dogecoinDogecoin(DOGE)$0.223799-8.68%
  • cardanoCardano(ADA)$0.79-4.14%
  • tronTRON(TRX)$0.262287-1.35%
  • suiSui(SUI)$3.97-5.97%
  • chainlinkChainlink(LINK)$16.44-6.14%
  • avalanche-2Avalanche(AVAX)$24.34-5.77%
  • stellarStellar(XLM)$0.306162-2.44%
  • shiba-inuShiba Inu(SHIB)$0.000015-9.38%
  • hedera-hashgraphHedera(HBAR)$0.207049-3.12%
  • the-open-networkToncoin(TON)$3.27-6.21%
  • hyperliquidHyperliquid(HYPE)$24.38-3.20%
  • unus-sed-leoUNUS SED LEO(LEO)$8.603.12%
  • bitcoin-cashBitcoin Cash(BCH)$396.69-3.86%
  • litecoinLitecoin(LTC)$103.231.01%
  • polkadotPolkadot(DOT)$4.96-5.45%
  • piPi(PI)$1.10-24.81%
  • moneroMonero(XMR)$335.20-1.60%
  • pepePepe(PEPE)$0.000013-8.75%
  • bitget-tokenBitget Token(BGB)$4.69-4.21%
  • daiDai(DAI)$1.000.03%
  • ethena-usdeEthena USDe(USDE)$1.000.06%
  • uniswapUniswap(UNI)$6.64-6.87%
  • bittensorBittensor(TAO)$457.67-4.28%
  • nearNEAR Protocol(NEAR)$3.05-6.35%
  • aptosAptos(APT)$5.64-6.98%
  • aaveAave(AAVE)$215.78-4.31%
  • okbOKB(OKB)$53.79-2.62%
  • ondo-financeOndo(ONDO)$1.00-8.01%
  • internet-computerInternet Computer(ICP)$5.56-5.36%
  • kaspaKaspa(KAS)$0.112569-11.73%
  • ethereum-classicEthereum Classic(ETC)$19.34-4.76%
  • gatechain-tokenGateToken(GT)$21.61-1.21%
  • mantleMantle(MNT)$0.78-3.56%
  • crypto-com-chainCronos(CRO)$0.098612-1.83%
  • render-tokenRender(RENDER)$5.05-7.31%
  • vechainVeChain(VET)$0.029986-7.05%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.247222-5.36%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.67-10.68%
  • ethenaEthena(ENA)$0.370667-12.12%
  • usd1World Liberty Financial USD(USD1)$1.000.16%
  • filecoinFilecoin(FIL)$3.02-6.43%
  • algorandAlgorand(ALGO)$0.233024-5.28%
  • cosmosCosmos(ATOM)$5.11-5.13%