FOLLOW US: @theinsaneapp
The market has been strong for Non-fungible tokens (NFT), which saw their sales rise to 13% in November.
Twitter | Insatagram | Facebook
FOLLOW US: @theinsaneapp
Despite sharp falls in crypto prices after the FTX crash earlier in the month, it was the first NFT spike in seven months.
Twitter | Insatagram | Facebook
FOLLOW US: @theinsaneapp
According to CryptoSlam, November sales increased by 13.2% over October despite an 18.75% drop in individual transactions.
Twitter | Insatagram | Facebook
FOLLOW US: @theinsaneapp
Yehudah PETSCH, the NFT relations strategist, stated that the FTX collapse had created uncertainty in NFT markets.
Twitter | Insatagram | Facebook
FOLLOW US: @theinsaneapp
NFT strategist is also excited about the NFT's future in a Web3-decentralized internet built around Blockchains.
Twitter | Insatagram | Facebook
FOLLOW US: @theinsaneapp
The FTX collapse left Solana blockchain among the most severely affected.
Twitter | Insatagram | Facebook
FOLLOW US: @theinsaneapp
At the beginning of the month, it had a market capitalization of US$ 11 billion.
Twitter | Insatagram | Facebook
FOLLOW US: @theinsaneapp
However, that had fallen to US 4.9 Billion as of Friday afternoon in Asia.
Twitter | Insatagram | Facebook