NFT Frenzy Returns – Weekly NFT Sales Soar +94% To $165M, The Highest Since April 2024
The global non-fungible token market has started to show signs of life again after a rather dull performance in the past several months. The NFT market has seen a spike in activities recently, with some floor prices climbing above 30 ether, a 10% surge from an initial high in April 2024. The rapid growth of NFTs came amid surging crypto prices, potentially fueling interest and investment. NFT Sales Jump +94% To $164M This Week Data compiled by CryptoSlam.io, an on-chain cryptocurrencies market data aggregator and a multi-chain non-fungible token explorer backed by Mark Cuban, shows that the global non-fungible token market has recorded exponential positive growth this week. In the past seven days, the NFT market has attracted a trading sales volume of $165 million, representing a 94% increase from the past week. During this period, the number of investors buying non-fungible tokens has exponentially surged this week. In the past seven days, the NFT market has seen $265,097 cryp...