NFTs have been hot this week, with sales skyrocketing by a whopping 138.15% compared to the prior week. Between February 19th and 24th, an eye-popping $801 million worth of NFTs was exchanged, confirming the meteoric growth of these revolutionary non-fungible tokens. Even more impressive is that this increase was achieved even though many experts have remained skeptical about the long-term viability of these digital assets.
The record figures show that people are getting savvier about their investments in digital assets, recognizing the potential for immense value appreciation from buying into the unique characteristics that make NFTs truly one-of-a-kind. Mutant Ape Yacht Club, Azuki, and Moonbirds have contributed to an unprecedented surge of Non-Fungible Token (NFT) sales, according to the study of seasoned experts.
A new study reveals an incredible 444.58% rise in Mutant Ape Yacht Club NFT sales last week, with $92 million in settled transactions. Bored Ape Yacht Club (BAYC), Azuki, and Moonbirds are also catching up quickly. In the last seven days alone, these collections have seen a tremendous spike of 65% or more!
An impressive rise in Opepen Edition, with a 5,235.80% increase and $37,593,913 in settled sales, added to the excitement of NFT enthusiasts. Overall Mutant Ape Yacht Club (MAYC), Bored Ape Yacht Club (BAYC), Azuki, and Moonbirds have proven to be a driving forces in the world of Non-Fungible Tokens (NFTs).
With their unique art styles, innovative approaches to tokenizing digital artwork, and commitment to quality, these creators have undeniably revolutionised the NFT industry. They’ve set an unprecedented example for others to follow and opened up exciting new possibilities for the technology