Analysis Daily News TheBitTimes.com

Nakamigos, one of the leading non-fungible token collections in the global non-fungible token market, has seen its floor price value and trading sales volume skyrocket to significant highs. In the past 24 hours, the Nakamigos NFT collection has amassed a trading sales volume of 913 ETH. During this time, the Nakamigos trading NFT sales volume has surged by +3,800% from the past day. In this article, we shall explore some of the factors fueling this growth. Nakamigos Tops In Daily NFT Sales Volume Data compiled by CoinGecko.com, an on-chain crypto market data aggregator and non-fungible token explorer, shows that Nakamigos NFT collection has recorded massive growth in the past few hours. In the past 24 hours, the Nakamigos NFT collection has raised a trading sales volume of 913 ETH, equivalent to over $3.1 million. During this time, the Nakamigos NFT trading sales volume has surged by +3,800% from the past day. Launched in March 2023, Nakamigos is a non-fungible token collection...

The non-fungible token market, which previously experienced a period of intense hype and rapid growth, followed by a significant downturn, is making a resurgence. The recent NFT market surge is fueled by NFTs’ shift towards practical applications and a focus on utility beyond digital art and collectibles. In recent days, the daily trading sales volume for NFTs has returned to +$20 million. Below, we have listed some of the top-selling NFTs this week: 1. Pudgy Penguins NFT Collection Pudgy Penguins, a renowned non-fungible token collection from the globally acknowledged digital asset firm Igloo featuring a fixed edition of 8,888 penguin cartoon birds hosted on the Ethereum blockchain network, is this week’s most-selling NFT collection in the global NFT market. In the past 24 hours, the Pudgy Penguins have recorded a trading sales volume of $2.2 million. The NFT collection has a market capitalization of $443 million and a floor price of $49,932. 2. Courtyard.io NFT Collecti...