The fractionalized NFT market has lost more than 76% in value, dropping to an overall market capitalization of around $50 million.
Fractional NFT Markets Slide 76% in Value in 7 Months, Diced-up Doge NFT Still Leads the Pack
Today, the Doge fractionalized NFT project is still the top dog, so to speak, in terms of market valuation, with $19.71 million. The second most valuable fractionalized NFT project today is Etherrock #72 with $5.96 million, but back in December, it had a $22.73 million market valuation. All of the top fractionalized NFT projects followed the same downward path like the third-largest project Feisty Doge NFT , which once held an $18.29 million market cap. Today, statistics show NFD is down to $4.22 million. Ladypunk had a $7.67 million market valuation seven months ago, and now it’s down to $2.9 million.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
All You Need to Know About NFT Smart Contracts | Binance BlogWith Web3 and metaverse adoption on the rise, the importance of NFT smart contracts is becoming increasingly larger. Here's why ⤵️
Read more »
Cameo’s CEO fell victim to the latest Bored Ape NFT heistHe also lost $66,000 in ApeCoin.
Read more »
NFT media management platform Pinata raises $21.5 millionPinata offers web hosting services similar to GoDaddy and Amazon Web Services but uses decentralized storage technology IPFS.
Read more »
Tom Brady's Bored Ape NFT isn't profiting anytime soon with its drastic drop in valueNFL quarterback Tom Brady made an NFT purchase that has rapidly decreased in value. Brady purchased an ape NFT from Bored Ape Yacht Club in April.
Read more »
Magic Eden submits proposal to build ApeCoinDAO an NFT marketplaceMagic Eden has proposed a marketplace where $APE holders can buy and sell NFTs for a 0.75% transaction fee.
Read more »
How Mutant Musks Are Taking Over NFT Gaming | HackerNoonSince they stole the limelight, NFTs have continued attracting public attention with new projects...
Read more »