0 reply
0 recast
0 reaction
The NFT market is booming as whales increase activity on the BNB network
According to Cointelegraph, the non-fungible token (NFT) market on the BNB Chain has experienced a resurgence, largely driven by whale activity. Despite a decline in the average daily number of NFT buyers, whales have continued to engage in buying, selling, and trading on the network. Data from blockchain analytics firm Messari reveals that NFT volumes on the BNB Chain increased to a daily average of $600,400 in the third quarter. This period also saw a rise in daily average sales to 8,900, marking a 47% increase from the previous quarter. However, the average daily buyers fell to 2,300, a 53% decrease, indicating that the increased volume was primarily due to whale transactions 2 replies
2 recasts
31 reactions
0 reply
0 recast
1 reaction
0 reply
0 recast
0 reaction
