A CryptoPunk NFT investor sold at a $10 million loss as top NFT collections struggle to recover from their 2021 highs amid falling trading volumes.
Blue Chip News
- News11523
- News
The floor prices for some of the largest NFT collections sunk to nearly two-year lows, but have started to edge up in the past 24 hours.
5623 - Market Analysis
Traditional finance companies are boosting their engagement with Ethereum-based real-world asset protocols, resulting in RWAs outperforming DeFi blue chips.
6219 - News
"We only support blue chip NFTs to reduce the risks," said Paraspace developers.
5018 - News
In the last 30 days, over 53% of NFT investors made losses on sale trades. Despite the cold market sentiment, the number of investors that hold their NFT investments continues to rise.
3630 - News
Data on the most well recognized nonfungible token projects show that key metrics have fallen with floor prices and market capitalization over the past month.
6063 - Market Analysis
Most of the NFT market is in a downtrend, but data shows funds continuing to flow into blue-chip tier projects.
4087 - News
Blue Chip NFT collections such as Azuki, Clone X and Doodles are leading the steady growth of a market that has traded over $17 billion since 2020.
3848 - News
Galaxy Digital founder and CEO Mike Novogratz was unfazed by the firm’s $175.8-million loss as he emphasized the importance of digital asset adoption.
5869