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Ether NFT Volume Rises to $186 Million Last Week, Hits Three-Month High

Ether NFT Volume Rises to $186 Million Last Week, Hits Three-Month High

Bitget2024/12/27 22:38
PENGU-4.46%BTC-0.25%ETH-1.01%

Ether NFT trading volume rose to a three-month high of $186 million last week, up 67% from $111 million the week before, according to data.The Pudgy Penguins series was the main catalyst driving the boom following the launch of its PENGU tokens, which generated $108 million in trading volume, with individual Pudgy Penguins trading at a price of over 29 ETH at one point, but quickly fell after the token's release. Bitcoin is the second largest NFT ecosystem, and its weekly trading volume is just $33 million.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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