The non-fungible token (NFT) enterprise Doodles has unveiled plans to debut a Solana-powered digital currency, capped at roughly 10 billion units. NFT Project Doodles Sets 10 Billion ‘DOOD’ Tokens in Motion On Thursday, the brand’s X account proclaimed the arrival of *DOOD*, its official blockchain asset. “Introducing DOOD, the official token of Doodles,” the announcement […] Source CryptoX Portal
The NFT market has pulled back sharply alongside a broader crypto selloff, with Bitcoin falling to $96,000 and Ethereum tumbling to $2,600. The latest data shows that the overall crypto market cap has contracted to $3.13 trillion from last week’s $3.5 trillion. According to CryptoSlam data, NFT markets have cooled this week as both prices and trading activity fell. The total sales volume reached $119.5 million — a 33% drop from the previous week’s activity. The market data shows an ongoing pullback in trading: NFT sales volume has fallen to…
Based on data gathered from Jan. 1 through Jan. 31, 2025, non-fungible token sales (NFT) experienced a 38.97% decline compared with the final month of 2024. Ethereum led in sales by amassing $340.47 million, although transactions on that particular chain registered a 36.58% decrease from the previous month. NFT Market Reels in January According to […] Source CryptoX Portal
24h Volume $17,705,706,941 Market Cap $1,867,467,940,720 24h Low/High $93,728.00 / $95,244.00 Original
Ending the year on a high note, December’s sales of non-fungible tokens climbed to $877 million, making it the second-best month in 2024. Blockchain-based digital collectibles had a strong December, with $877 million in sales, making it the second-best month of 2024. This boost wrapped up a wild year for the NFT market, which saw a sharp recovery in the last quarter. CryptoSlam data shows that NFT sales for 2024 finished at $8.83 billion, surpassing 2023 by over $100 million. While the 1.1% growth might not seem huge, it highlights…
The NFT market cooling continues as the overall crypto market cap has grown to $3.6 trillion from last week’s $3.42 trillion, per CoinMarketCap data. CryptoSlam data shows that NFT sales have fallen 17.54% to $132.7 million this week. This is considerably lower than last week’s $152 million in sales. However, the market has seen greater participation from traders, pointing to sustained interest at lower price levels. Market activity shows mixed signals: NFT sales volume dropped to $132.7 million from last week’s $152.7 million The number of NFT buyers rose 25.54%…
The non-fungible token market has seen a major downturn as Bitcoin declined 4% over the past week to $94,000 and Ethereum retreated to $3,300. According to the latest data from CryptoSlam, the NFT market has seen a substantial correction: total sales volume plummeted 49.77% this past week to $152.7 million. Despite the sharp decline in trading volume, market participation metrics show continued interest from new and existing traders. NFT buyers have increased by 50.97% to 531,208 NFT sellers have grown by 47.14% to 308,666 NFT transactions have decreased by 13.26%…
Two Southern California men, Gabriel Hay and Gavin Mayo, face charges for allegedly defrauding investors of over $22 million in cryptocurrency through fraudulent NFT and digital asset schemes. The indictment reveals they conducted a series of “rugpulls,” soliciting funds for NFT projects that were abandoned after collecting investments. The alleged scams involved projects like Vault […] Source CryptoX Portal
The NFT market sales have surged amid mixed cryptocurrency price action, with Bitcoin reclaiming the $100,000 level while Ethereum retreated from last week’s $4,000 mark. The global cryptocurrency market capitalization has slightly contracted to $3.63 trillion from last week’s $3.67 trillion as per CoinMarketCap data. According to the latest data from CryptoSlam, the NFT market has surged 16.36%, with total sales volume reaching $224.5 million. However, the data shows that the number of unique buyers has decreased by 73.97% to 180,641. Ethereum network sees a 21% surge The Ethereum (ETH)…
Pudgy Penguins, an Ethereum-based NFT collection, has surpassed Bitcoin’s price on OpenSea. The collection’s most expensive Penguin is now for sale at 50.3093 ETH or $197,508.78 on on the NFT marketplace OpenSea. This makes it one of the priciest Picture-for-Profile NFT projects. At present, the cheapest Pudgy Penguin is priced at 27.65 ETH or $108,460, at Ethereum’s price of $3,921.61. Bitcoin (BTC), on the other hand, is currently hovering around $101,445, making some Pudgy Penguin NFT worth more than the world’s largest cryptocurrency. In the last seven days, Pudgy Penguins…