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Showing posts with the label trading sales volume

The Azuki NFT Team Sets To Launch Its $ANIME Coin Next Week

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Chiru Labs, the digital asset incubation studio and the parent company for the popular Azuki non-fungible token collection, has announced ready plans to launch its highly anticipated $ANIME coin this coming week. The highly anticipated NFT coin will launch on Thursday, January 23, 2025, on the Ethereum and Berachain blockchain networks. Azuki NFT floor has jumped to over 13 ETH. $ANIME Is Launching Next Week In a January 17 blog post, the Azuki NFT creator confirmed through its ANIME x account that it would launch its native token, $ANIME, this coming week. In line with the recent announcement, the non-fungible token collections from the Azuki NFT ecosystem have surged in trading sales volume. The highly anticipated ANIME token aims to reshape the global anime fandom through Web3 integration, backed by the Azuki NFT series and Arbitrum. $ANIME is launching on January 23. pic.twitter.com/u8fj82eEqf — ANIME (@animecoin) January 17, 2025 By definition, Anime is a specific styl...

Bitcoin NFTs Are Down 90% In Q3,2024 – What Went Wrong?

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The non-fungible token market has yet to heal after a brutal meltdown that resulted in many NFTs losing their floor price values in the past several months. Bitcoin ordinals, which used to be a hot topic several months ago, are a perfect example, having flipped more than 90% in trading sales volume in the past three months. In this article, we shall assess what went wrong with these Bitcoin-based non-fungible token collections. Bitcoin NFTs Are Down 90% In The Past 90 Days Data compiled by Tiexo.com, an on-chain multi-chain non-fungible token explorer and analytic hub, indicates that Bitcoin-based NFTs have drastically fallen in trading sales volume. In the past three months, Bitcoin-based NFTs, which include Runes, Ordinals, and BRC-20 NFTs, have recorded a trading sales volume of $189 million, representing a 90% plunge from Q2 2024. During this time, Magic Eden, a cross-chain NFT marketplace, has been the most-traded NFT marketplace with 2,083 BTC, taking 92% of the total mar...