Ethereum NFTs jump +36% in daily turnover, because ETH is hitting new ATH

The non-favorable token market has today registered a significant increase, characterized by increased trade sales and carpets. The non-giant token market bump is connected to the increased copper and seller activity, a rebound in market capitalization and a significant increase in the price of Ethereum. In this article we will investigate factors that feed the increase in crypto and non-fungal tokens in detail.

Daily NFT -Sales pump +36%

Data collected by the CryptoslamA crypto-marketing aggregator for chains and a non-giant token Explorer that follows non-fungal token collections of more than 20 blockchain networks shows that the NFT market has risen today in the trade sales volume. In the last 24 hours, the NFT market has collected a trade sales volume of +$ 26 million. During this period, the sales volume of NFT trade has increased by 36% compared to the last day.

Ethereum, the blockchain network that is known on the NFT market for hosting most non-fungal token collections with Blue-Chip, is today the most traded blockchain network. In the last 24 hours, the NFT collection based in Ethereum has collected a trade sales volume of $ 11.7 million. During this period, the sales volume of Ethereum NFT trade increased by 27% compared to the last day.

BNB chain, a blockchain network of the crypto exchange platform Binance, and Polygon, an Ethereum scale solution, are the second and third most traded blockchain networks in the NFT market. In the last 24 hours, the BNB-based NFT collections have registered a trade sales volume of $ 3.3 million, while the Polygon NFT series has collected a trade sales volume of $ 3.2 million.

Factors that feed the NFT market growth

The non-giant token market growth that is experienced today is associated with the rise in ETH prices. Earlier today, the Ethereum (ETH) price rose up to a new highest point of $ 4,887 after the FED chair hinted against interest rates. Jerome Powell, the head of the US Central Bank, has given a rocket boost to the expectations that an interest rate will be lowered in September, a relocation that President Trump has been demanding for months. His comments have fueled an increase in Ethereum NFTs.

Cryptopunks, a globally recognized non-fungal token collection with a fixed stock of 10,000 pixilated NFTs made on the Ethereum Blockchain network by the digital activist company Larva Labs, but now managed by Infinite Node Foundation, is one of the NFT-Collections. In the last 24 hours, the Punks collection has collected a trade sales volume of $ 2.2 million, an increase of 244% compared to the last day.

Source: Cryptoslam.io

Moonbirds, another globally recognized non-fungal token collection with a fixed set of 10,000 pixilated profile photos with UIL theme made on the Ethereum Blockchain Network by the Proof Collective, but now managed by the Orange Cap Games, is a different NFT collection. In the last 24 hours, the Moonbirds have raised a trade sales volume $ 1.2 million, an increase of 107% compared to the last day.

CryptoPunks V1, a non-correspondable token collection with original cryptop runs wrapped with an ERC-721-token standard, and Pudgy Penguins, a non-boundary token collection with a fixed stock of 8.888 Penguin Birds PfPs were hosted, his other NFPs were hosted, his other NFPs were hosted, are hosted the ethherum, are hosted, his nftworks, were hosted, were hosted by the Ethherum Birdwork, were hosted, were hosts, were hosts, nofds, nofds, nofds, bockds, nofds, were hosts, his ethherum nets Stoze comments and Ethereum Athing. In the last 24 hours, the Punk V1 NFTs have collected a sales volume of $ 1.1 million, while Pudgy Penguins NFTs have registered a trade sales volume of $ 775,250.

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