The growth of ETH quotes provoked an increase in activity in the market of non-fungible tokens, throwing up the price tags of digital collections The rise in the price of ether (ETH) by more than 12% led to an increase in trading activity in the non-fungible token (NFT) market. As DappRadar researchers found, daily volume According to the CryptoDiffer Twitter channel, the most expensive deal in the last couple of days was on the CryptoPunks NFT collection, where token #2924 was sold for 3300 ETH. The top three was closed by the Bored Ape Yacht Club collection token with a price tag of 777 ETH. However, the growth of NFT price tags does not mean that the cryptocurrency community is ready to buy tokens for such amounts. For example, NFT influencer @franklinisbored accidentally sold token #7303 from the Bored Ape Yacht Club collection for 9 ETH. Prior to this, the influencer spent almost 61 ETH on the purchase of the “digital monkey”. See also: NFT on the shelves: how it all began and where it came to How long the NFT market can stay active is unclear. Recall that at the beginning of October, the volume of NFT trading in dollar terms amounted to $419 million, although in January this figure was just over $17 billion. According to the Dune analytical service, the decline in trading volumes has continued for the sixth month in a row. The only month when NFT trading volumes were still growing was April. Then, compared with March, the figure increased by 23% to $8.5 billion. You can read about how more NFT wallets were created on Reddit than on the OpenSea marketplace in the BeInCrypto editorial material.
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