NFT Trading Volume Jumps by $99 Million in October
Crypto data firm DappRadar has reported that the NFT trading volume increased by $99 million in October compared to the previous month, despite the mass layoffs at OpenSea. The report highlighted that NFT trading volume increased by 32% from $306 million in September to $405 million in October, which is the highest level of sales since August. The rise in NFT trading volume came as the price of Bitcoin bounced above $35,000, touching its highest price in 16 months. However, the overall number of NFTs sold in October decreased by 5% compared to September.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Cynthia Lummis Proposes Artificial Intelligence Bill, Requiring AI Firms to Disclose Technicals

Pakistan Announces Investment in Bitcoin Mining Amid Tensions with India! Here Are the Details
Ether Plunges 7% as Traders Flee to Dollar and Gold After Israel Strikes Iran
Trending news
MoreCrypto prices
More








