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ApeCoin (APE) Explodes Over 135% Following Launch of Ecosystem’s New Blockchain

ApeCoin (APE) Explodes Over 135% Following Launch of Ecosystem’s New Blockchain

One altcoin running on the Ethereum (ETH) network is seeing massive gains after a new blockchain launched in its ecosystem. ApeCoin (APE), the digital asset associated with the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection, soared to $1.74 on Monday, a 135% jump in value form Saturday. APE began to rally as Apechain […]

The post ApeCoin (APE) Explodes Over 135% Following Launch of Ecosystem’s New Blockchain appeared first on The Daily Hodl.

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Bored Ape Sells for $1.43M Amid 8.78% NFT Market Decline This Week

Bored Ape Sells for .43M Amid 8.78% NFT Market Decline This WeekNFT sales experienced a dip this week, dropping 8.78% compared to the previous seven days. Total sales amounted to $77.46 million, with a sharp decrease in both buyers (down 64.47%) and sellers (down 66.40%). Bitcoin NFTs Surge 29.36% as Overall NFT Sales Dropped Over the past week, the digital collectible market struggled, bringing in $77.46 […]

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Infinex NFTs top $40M sales in first four days, despite NFT bear market

The Framework Ventures-backed platform has surpassed $150 million in TVL, despite a wider downtrend in the NFT market.

Infinex’s latest non-fungible token (NFT) collection has amassed over $40 million worth of sales within the first four days despite the sluggish performance of the top NFT collections.

Infinex is a non-custodial platform offering easy access to onchain protocol and decentralized applications (DApps).

The platform’s new Patron NFT collection surpassed $40 million in sales within the first four days, according to an announcement shared exclusively with Cointelegraph.

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2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

NFT Sales Slip 7.69% in Early September as Digital Collectible Market Adjusts

NFT Sales Slip 7.69% in Early September as Digital Collectible Market AdjustsAfter a dip in August, the first week of September didn’t bring much sunshine to the world of non-fungible tokens (NFTs). Sales slid by 7.69% over the seven-day period. The total number of NFT transactions was just over 1 million, which is a notable 36.93% drop from the previous week. September NFT Sales Struggle With […]

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Bored Ape Yacht Club Leads the Week’s Priciest NFT Sale Despite Overall Market Dip

Bored Ape Yacht Club Leads the Week’s Priciest NFT Sale Despite Overall Market DipWhile non-fungible token (NFT) sales saw a 24% boost the week before, the last seven days have witnessed a 4.3% dip. Meanwhile, the number of NFT buyers jumped by 31.48%, with sellers also on the rise by 25.86%. NFT Sales Drop 4.3%, But Buyer and Seller Participation Increased This past week, NFT sales were rather […]

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

NFT Sales Soar 24% as Ethereum Takes the Lead This Week

NFT Sales Soar 24% as Ethereum Takes the Lead This WeekBased on the metrics collected from Aug. 17 to Aug. 24, 2024, the non-fungible token (NFT) market experienced a lively 24.33% boost in sales compared to the previous week. Sales reached an impressive $99.05 million, with Ethereum-based NFTs leading the charge at $36.62 million. NFT Market Booms With Ethereum at the Helm Reaching $99M in […]

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

NFT Sales Take a Hit — Last Month’s Sales Dropped 46% Compared to May

NFT Sales Take a Hit — Last Month’s Sales Dropped 46% Compared to MayAlthough non-fungible token (NFT) markets showed improved performance over the past week, June’s sales figures were significantly worse compared to May. Over the last 30 days, NFT sales have decreased by 46.31%. June’s NFT Market Faces Steep Decline June proved to be challenging for digital collectible sales, experiencing a 46.31% drop compared to May, which […]

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

NFT sales fell 44% as crypto dipped, memecoins steal ‘mind share’ in Q2

Several PolitiFi and animal-themed memecoins continued to soar in the second quarter despite the broader market downfall, which NFTs were a part of.

A recent flood of celebrity, political, and animal-themed memecoins, along with a crypto market downturn, may have contributed to a 44% fall in the sale of non-fungible tokens (NFTs) in Q2, according Apollo Crypto’s investment chief. 

Data from CryptoSlam shows NFT sales fell from $4.14 billion in Q1 to $2.32 billion in Q2 as part of a broader market downfall.

“Q2 was a difficult market with Bitcoin declining by 15% and many altcoins performed significantly worse than that,” Henrik Andersson, chief investment officer at Apollo Crypto, told Cointelegraph.

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2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

NFT Sales Defy Crypto Market Downturn, Rising 4.52% This Week

NFT Sales Defy Crypto Market Downturn, Rising 4.52% This WeekDespite a general decline in cryptocurrency markets this week, non-fungible token (NFT) sales rose by 4.52% compared to the previous week. NFT sales totaled approximately $101,467,710 over the past seven days, with Ethereum-based digital collectibles dominating the market. NFT Landscape Shifts This week, the leading top five blockchains for NFT sales were Ethereum, Polygon, Bitcoin, […]

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

NFT Sales Plunge 21% Amid Broad Crypto Market Decline

NFT Sales Plunge 21% Amid Broad Crypto Market DeclineGlobal non-fungible token (NFT) sales experienced a decline this week, dropping 21% from the previous week. Across 21 unique blockchains, the total sales just surpassed the $100 million mark over the past seven days. Weekly NFT Sales Fall, Cryptopunks and Pudgy Penguins Surge NFT sales have significantly decreased this week, correlating with the broader downturn […]

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum