NFT (Non-Fungible Token)

Can Okay Bears Overthrow BAYC in Emerging NFTs Battle?

Can Okay Bears Overthrow BAYC in Emerging NFTs Battle?

Ethereum-based non-fungible tokens have always dominated the NFT marketplace. Nevertheless, the previous days appeared to have dethroned the Ether-based NFTs. Surprisingly, Solana has facilitated that. Okay Bear, Solana-based NFT, sold out in its initial 24hrs of going live. While publishing this content, the NFT saw 147,161 trading volume, reflecting a 19.48% increase within the previous 24 hours. Okay Bears saw 510.1K in trading volume with 115 SOL floor price within three days after the NFT listed on OpenSea. While writing these lines, the NFT boasted 1,356 sales, as the day's trading volume stood at 6,259.09 Solana. This context would likely…
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Here’s Why ApeCoin (APE) Can Surge 20% Soon

Here’s Why ApeCoin (APE) Can Surge 20% Soon

ApeCoin (APE) presents an interesting technical picture as crypto nears a critical obstacle. A swift move past this barrier may trigger uptrends for the alt, an upside that will likely print a base before rallying towards ATHs. APE Price Prepared for Recovery? ApeCoin's price saw massive drops since the alt touched the $17.46 record high on March 18. Though the first hype dwindled, the token cauterized near $10.60. APE surged towards the $15 level (after creating a swing low), printing a local high on March 28. However, the barriers between $10.68 and $15 have held the ApeCoin price hostage since…
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Solana and KRAFTON to Boost Blockchain Gaming

Solana and KRAFTON to Boost Blockchain Gaming

The collaboration is to support blockchain gaming marketing and design. Also, Solana Labs and KRAFTON will collaborate on investment opportunities. KRAFTON will utilize capacity from PUBG: BATTLEGROUNDS to join the NFT and Web3 industry. KRAFTON has partnered with Solana Labs to support blockchain marketing and design. Remember, KRANFTON, Inc. launched the wildly recognized PUBG: BATTLEGROUNDS battle game. Why Solana (SOL/USD)? Solana is among the leading decentralized blockchains designed to ensure user-friendly and scalable applications globally. Moreover, it guarantees scaling without compromising security and composability, supporting developers' long-term activity. Furthermore, Solana ensures reliable performance, processing thousands of 'smart' contracts concurrently via…
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Top Crypto Prices Today – BTC, ETH Decline; DOGE, SHIB Move Up

Top Crypto Prices Today – BTC, ETH Decline; DOGE, SHIB Move Up

The crypto market exhibited lower prices on Monday. That followed geopolitical tensions from Ukraine and Russia and investors' concerns about the continuing inflationary pressure. Russian military proceedings suggest an imminent invasion. The Crypto market saw trading volumes halving because of high volatility. Besides Dogecoin and Shiba Inu, top digital assets traded low on Monday. DOGE and SHIB recorded marginal increases, while Solana and XRP lost up to 5%. As BTC had its price meandering within the past few days, the dominant crypto by market cap has recorded modest under-radar recoveries from the wintertime collapse. Meanwhile, the recent downswing had the…
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Weekly NFT Sales for BAYC & MAYC Surged By 150% and 93.41% Thanks To Eminem

Weekly NFT Sales for BAYC & MAYC Surged By 150% and 93.41% Thanks To Eminem

NFT market was already growing immensely but another major push to it has been given by globally famed American rapper and hip-hop artist Eminem when he revealed to the public that he too has bought an expensive NFT collection of Bored Ape Yacht Club which cost him US$ 425,000 roughly. The push has been duly capitalized by the NFT market of Bored Ape Yacht Club and Mutant Ape Yacht Club after Eminem’s disclosure. Two of the most attention and investment-seeking NFT projects of today are Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC). Since the past week,…
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Duo of Apes & Punks NFT Sales Going Hot At Bottom of Year

Duo of Apes & Punks NFT Sales Going Hot At Bottom of Year

More than 350 thousand sales of NFT collections have taken place in the past 30 days only. Opensea alone sold NFTs for more than US$ 2.4 Billion and the sales at Opensea were increased roughly by 22% in the last 30 days. Hot steam for Non-Fungible Tokens (NFTs) hasn’t ended yet. It continues to even bigger and better than ever before. While the hype for NFTs as well as for Metaverse is getting stronger and stronger. The past week also brought huge sales for Metaverse projects such as The Sandbox and Decentraland. The stats show that in the past 7…
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Famed Auction House Christie’s Hit 9 Figures In NFT Sales In 2021

Famed Auction House Christie’s Hit 9 Figures In NFT Sales In 2021

Christie's has declared their expected earnings of over $7 billion this year. The figure is the auction house's third-highest yearly total. Notably, $150 million of this revenue came from the sale of NFTs. NFTs were only incorporated this year as a category at Christie's.  Rejuvenation In Auction Business  The revenue stream though was still largely created by traditional art. Christie's also auctioned off the most expensive art this year, a Picasso that sold for over $100 million in the summer. Only Sotheby did better in revenue this year with a $200 million difference. This year's figure takes a jump from…
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NFT Market Saw 60-Fold Growth In 2021

NFT Market Saw 60-Fold Growth In 2021

The years, from 2018 till 2021 so far, have been proving to be breakthrough years for the global crypto economy. During this time, there were several digital byproducts that paved their way into the digital market. The most prominent ones are decentralized finance, known as “DeFi”, and Non-Fungible Tokens also called “NFTs”. Both byproducts became huge successes in recent times. If one looks at the growth of the NFT market then shockingly the growth was 60-fold. It is widely believed now that NFTs have emerged as the “turning point” in the digital economy sector. NFTs were though first introduced in…
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