NFT market revives as major collections soar in sales and volume
Major NFT collection s see increased demand as sales and trading volume soar across several networks. As the crypto market rallied after a prolonged crypto winter, the non-fungible tokens (NFT) market also hints at a comeback — the trading volume of several major collections recording significant highs after months of steady decline. NFT markets are rallying again Here's all the bullish news you need to know In 4 minutes or less pic.twitter.com/GuZM6X2zQu — Bankless (@BanklessHQ) November 12, 2023 According to the data from Coingecko, the floor prices of the top 15 NFT collections have significantly soared over the last few days, demonstrating increasing demand. Most notably, the floor price of the Bored Ape Yacht Club (BAYC) collection has increased over 70% in a month, from $24.8 in the first week of October to $30.90 on Nov. 13. BAYC’s 24-hour trading volume has also risen by 51% today, showcasing increased trading across market places. TOP NFTs | S...