The Non-Fungible Token (NFT) Market Sales Volume
In the past 24 hours, the sales volume in the NFT market has slightly decreased to $35,310,744. According to CryptoSlam, buyers have increased by 8%, sellers by 3%, and transactions by 9%.
Top Collections by Sales Volume
Most of the top 10 collections by sales volume have seen significant increases. The CATS BRC-20 NFTs recorded the largest increase, jumping 4,876% in a day to reach the 10th place with $582,800. Uncategorized Ordinals, Bitcoin-based NFTs, are in first place with a sales volume of $2.77 million, up 98%.
Bitcoin vs. Ethereum and Solana
Bitcoin’s sales volume is very close to Ethereum’s, with Bitcoin at $10,778,162 and Ethereum at $11,127,275. However, Bitcoin has widened the gap compared to Solana. While Bitcoin and Solana have been competing for second place, Solana currently has nearly half of Bitcoin’s volume with $5,772,470.
Doodles and G-shock Collaboration
Digital asset firm Doodles has partnered with luxury watch brand G-shock to launch an NFT-inspired watch collection. Doodles is known for its popular NFT collection with the same name. The collaboration is set to launch soon and will include both physical and digital NFT collections.
Art Blocks Acquires Sansa Marketplace
Generative digital arts platform Art Blocks has acquired NFT marketplace Sansa. Together, they aim to provide expanded opportunities for creators and showcase a diversity of generative projects. Sansa will continue running as a separate app for now, while the teams work on integrating the platforms.
Parallel Nearing Open Beta Launch
The card-battling sci-fi game Parallel is getting closer to its open beta launch. Parallel is a sci-fi franchise and trading card game where players can own their cards and other game items. The game is currently in the closed beta phase and is set to release to the public in 2024.
Hot Take: The Latest NFT Collaborations and Game Updates
Over the past 24 hours, the NFT market has seen some exciting developments. From the collaboration between Doodles and G-shock to the acquisition of Sansa by Art Blocks, and the upcoming open beta launch of Parallel, there is a lot happening in the world of NFTs. These collaborations and updates not only bring new opportunities for creators and collectors but also showcase the growing diversity and innovation within the NFT space.
Wyatt Newson emerges as a luminary seamlessly interweaving the roles of crypto analyst, dedicated researcher, and editorial virtuoso. Within the dynamic canvas of digital currencies, Wyatt’s insights resonate like vibrant brushstrokes, capturing the attention of curious minds across diverse landscapes. His ability to untangle intricate threads of crypto intricacies harmonizes effortlessly with his editorial mastery, transmuting complexity into a compelling narrative of comprehension.