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The global non-fungible token market has shown signs of resurgence, with its daily sales volume and other trading activities increasing. In the past 24 hours, the non-fungible token market has amassed a trading sales volume of $18 million. During this period, the non-fungible token trading sales volume has surged by +80% from the past day. Below, we shall explore some of the factors fueling the recent market resurgence.
NFT Sales Rise +80% In The Past 24 Hours
Data compiled by cryptoslam.io, an on-chain crypto market aggregator and a non-fungible token explorer, shows that the global NFT market has seen increased trading sales volume. In the past 24 hours, the NFT market has amassed a trading sales volume of $18 million, up over 80% from the previous day. The number of traders buying NFTs has also increased by over 50% from the past day.
Mythos Chain, the blockchain network from the next-generation digital assets incubation studio Mythical Games, leveraging the Ethereum Virtual Machine (EVM) capability, is today’s most-traded blockchain network in the global NFT market. In the past 24 hours, the Mythos Chain-based NFTs have amassed a trading sales volume of $5.3 million, up over 466% from the past day.
Ethereum, the blockchain network renowned in the NFT market for powering most blue-chip NFTs, is today’s second most-traded blockchain network in the global NFT market. In the past 24 hours, the Ethereum-based NFT collections have raised a trading sales volume of $5.2 million. During this time, the Ethereum NFT trading sales volume has surged by 44% from the past day.
Bitcoin, the blockchain network renowned in the NFT market for powering the popular Ordinals and BRC-20 NFT collections, is today’s third most-traded blockchain in the NFT market. In the past 24 hours, the Bitcoin-based NFT series has raised a trading sales volume of $2.3 million. During this time, the Bitcoin NFT sales volume has surged by 4.49% from the past day.
Base, an Ethereum Layer 2 network built by Coinbase to enhance Ethereum’s capabilities by improving transaction speed, reducing costs, and boosting scalability, is today’s fourth most-traded blockchain in the NFT market. In the past 24 hours, the NFTs created on Base have amassed a trading sales volume of $1.9 million. During this time, Base NFT sales volume has surged by 354% from the past day.
Solana, an open-source blockchain network that supports smart contracts, including non-fungible tokens and various decentralized applications, is today’s fifth most-traded blockchain network in the global NFT market. In the past 24 hours, the Solana-based NFT collection has amassed a trading sales volume of $1.6 million. During this period, the Solana NFT trading sales volume has surged by 46% from the past day.
Five Top NFTs Today, March 18
1.DMarket NFT Collection
DMarket, a non-fungible token collection representing in-game virtual game items from popular online games like Counter-Strike, Rust and Dota 2, is today’s most-selling NFT collection in the NFT market. In the past 24 hours, the DMarket NFT collection has raised a sales volume of $4.5 million. During this time, the DMarket NFT trading sales volume has surged by +2,000% from the past day.
2. Good Vibes Club NFT Collection
Good Vibes Club, a non-fungible token series from the animation studio Toast featuring a limited edition of 6,969 meticulously crafted 3D PFP NFTs hosted on the Ethereum blockchain network, is today’s second most-selling NFT collection in the NFT market. In the past 24 hours, the Good Vibes Club NFT collection has garnered a trading sales volume of $1.4 million, up 112% from the past day.
3. Guilds Of Guardians Heroes NFT Collection
Guild of Guardians Heroes, a non-fungible token series from Guild of Guardians, a multiplayer, action, mobile fantasy role-playing-game that allows players to role-play as heroes and go through dungeons to gather redeemable resources, is today’s third most-selling NFT collection in the NFT market. In the past 24 hours, the Guild of Guardians Heroes NFT collection has raised a trading sale volume of $1.02 million.
4. CryptoPunks NFT Collection
CryptoPunks, a non-fungible token collection featuring a limited set of 10,000 NFTs previously created by the digital asset firm Larva Labs but now managed by the digital asset Yuga Labs, is today’s fourth most-selling NFT collection in the global NFT market. In the past 24 hours, the CryptoPunks NFT collection has attracted a trading sales volume of $601,338. CryptoPunks NFT sales have surged 232% from the past day.
5. Guilds Of Guardians Avatar NFT Collection
Guild of Guardians Avatar, another non-fungible token collection from the Guild of Guardians, is today’s fifth most-selling NFT collection in the NFT market. In the past 24 hours, the Guild of Guardians Avatar NFT collection has raised a trading sale volume of $524,781. Today’s NFT market resurgence signals renewed investor confidence and interest in blockchain-based assets.
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