Tag: nft price

Cryptoverse: Punk apes and a resurrection of NFTs
15Feb By adminNo Comments
Technology

Cryptoverse: Punk apes and a resurrection of NFTs

[ad_1] It's alive! The NFT market is twitching out of its torpor, defying reports of its demise.Total NFT sales on the ethereum blockchain - which hosts most trading - jumped to $780.2 million in January from $546.9 million the month before, according to market tracker CryptoSlam. Digital art collectibles were among the big hits. "Bored Ape Yacht Club #5840" - a cartoon monkey shooting green lasers from its eyes - went for $822,730, for example, while "CryptoPunks #7674" - a pixelated character smoking a pipe - fetched $433,555. The average NFT sale price was a more modest $372.38, according to CryptoSlam.The $780 million of sales seen last month is a fraction of the roughly $5 billion seen last January and $2.7 billion in May, before the market took a non-fungible nosedive along with ...
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CoinShares Develops Twitter Bot to Track ‘Fair’ NFT Prices
14Oct By adminNo Comments
Technology

CoinShares Develops Twitter Bot to Track ‘Fair’ NFT Prices

[ad_1] CoinShares has spurned its usual diet of exchange-traded and capital markets products for a new project: a Twitter bot. CoinShares International Ltd, Europe's largest digital asset trading house, has spurned its usual diet of exchange-traded and capital markets products for a new project: a Twitter bot that can tell users the true price for a nonfungible token. Pricing for NFTs, unique digital collectibles ranging from pixelated artwork to plots of land in video games, is usually driven by how much hype the collection's creator has generated. Popular collections include Yuga Labs Inc.'s Bored Ape Yacht Club, Larva Labs' CryptoPunks and Otherdeed, which represents digital land created for Yuga Labs' virtual world Otherside. CoinShares said that since demand for NFTs decline...
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