NFT Market Data
The sales volume of the non-fungible token (NFT) market has only slightly decreased today compared to yesterday, dropping less than 1% to $34,816,770, according to CryptoSlam. NFT buyers have increased by 2% in the past day, while sellers and transactions have decreased by 8% and 11%, respectively. Only two of the top ten collections per sales volume have experienced a decrease in the past 24 hours. Pandora, an ERC404-based collection, fell 30% to 4.2 million, while DMarket dropped 5% to $757,178. Art Blocks has had another successful day with a sales volume increase of 588% to $774,173. Moonbirds is the second-best performer with a rise of 304% to $690,352.
YouTuber KSI Accused of Pump-and-Dumps
Popular crypto investigators ZachXBT and Coffeezilla have accused YouTuber KSI of conducting several pump-and-dump schemes. KSI reopened his crypto-related Twitter account on Tuesday and received negative comments from users. ZachXBT shared projects that KSI had posted on his account, including XCAD Network (XCAD) and Ethernity Chain (ERN). After praising a project, KSI would sell the coins within hours or days. When contacted by Coffeezilla, KSI claimed that he did not have any malicious intent and that he thought he was being trolled.
Pandora’s Sales Volume Nearly Double That of Ordinals
The ERC-404 token Pandora launched on February 2 and has achieved $86,778,798 in sales volume in less than two weeks since its launch. This is almost double the sales volume of Uncategorized Ordinals over the past 30 days, which stands at $44,045,731. However, Uncategorized Ordinals still have more transactions, buyers, and sellers compared to Pandora. 50% of Pandora’s NFTs have been retained in wallets since the initial purchase without selling, which is considered quite impressive for a new project. Pandora currently ranks 80th among all-time best performers.
Pudgy Penguins Floor Price Flies High
Pudgy Penguins is an Ethereum-based NFT collection that has been rising in popularity since its launch in July 2021. Its total volume is 293,837 ETH, and the current floor price is 20.899 ETH. The floor price has increased by 257.3% over the past 90 days. Similarly, Lil Pudgys’ floor price is 2.02 ETH with a significant increase of 349% in the past 90 days. Pudgy Rod’s floor price is 0.6169 ETH, experiencing a 95% increase in the past three months. These collections have seen notable growth in their floor prices.
Conclusion
In today’s NFT news, ZachXBT and Coffeezilla have accused YouTuber KSI of engaging in pump-and-dump schemes. The sales volume of the NFT market has slightly decreased, with Pandora’s sales volume nearly double that of Uncategorized Ordinals. Additionally, Pudgy Penguins’ floor price continues to rise along with other related collections like Lil Pudgys and Pudgy Rod’s.
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