Peer-to-peer NFT sales surge as average purchase price increases 7X

Peer-to-peer NFT sales surge as average purchase price increases 7X

The total lifetime NFT volume on the Ethereum blockchain alone has exceeded $120 million. Non-fungible tokens and digital collectibles have been selling like hotcakes over the past couple of months as volumes on peer-to-peer marketplaces surge.From NFTs representing NBA finals moments to crypto industry character cards, the total lifetime NFT volume on the Ethereum blockchain alone has exceeded $120 million, according to crypto research firm Messari.Messari’s research tracked the demand for NFTs, which includes digital art, collectibles and in-game items, over the third quarter. It found....


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