NFT Metrics | 07.27.2023
Published in
2 min readJul 27, 2023
Social Media: LinkTree
NFT Trading Volume decreased by 35.0% in Q2 compared to Q1, despite Bitcoin Ordinals popularity; meanwhile Solana NFT trading volumes decrease significantly.
Further Reading: Citi GPS — Money, Tokens, and Games
Latest Headlines
- Japan’s Prime Minister Fumio Kishida said that Japan plans to improve the environment for Web3 when it comes to using tokens and revitalize the content industry.
- Social media platform Reddit released its Polygon-based Gen4 Collectible Avatars NFT collection on July 26.
- Meta’s metaverse-related losses topped $3.74 billion over the second quarter with Meta spending $7.7 billion on its virtual reality business so far in 2023.
- Lacoste’s new virtual store has exclusive elements to holders of Lacoste’s Ethereum NFT holders, the UNDW3 NFT passes.
- In less than an hour, an NFT collection by Vera Molnár sold out during a Sotheby’s auction, totaling 631 Eth/$1.2 million in total sales volume.
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Heatmaps for Top 50 Gainers & Losers | Last 7 Days
Note: Only the cryptoassets with more than 800 million USD market cap are in the map.