
jimmy
@dfn
1832 Following
283 Followers
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According to data compiled by TheBlock, Polymarket, a market platform, achieved exponential growth in multiple indicators for 2024, including active traders, trading volume, and open interest (OI), reaching historical highs earlier this year. The platform has accumulated a trading volume of over 9 billion US dollars, with monthly trading volume reaching a historic high of 2.63 billion US dollars in November alone. The number of active traders reached a new high of 314500 in December, while open interest (OI) reached a historic high of $510 million during the November US election period. The monthly trading volume growth rate of Polymarket for the whole year was 66.5%. In January 2024, Polymarket's trading volume was only $54 million, but by November, this number had risen to over $2.6 billion, an increase of nearly 48 times within a year. @rdiecoal 0 reply
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According to TheBlock data, the NFT market showed a significant recovery in November, with CryptoPunks performing outstandingly, far surpassing other popular collectibles. On November 25th, the floor price of CryptoPunks reached 37.68 ETH, the highest level since May. Compared to the record low price of 25.35 ETH at the beginning of this month, this price has risen significantly by 47%. In contrast, BAYC, MiladyMaker, and PudgyPenguins rose by 7%, 34%, and 28% respectively during the same period, with an average increase of about 34.5%, significantly lagging behind CryptoPunks' 47% increase. @fyijb 0 reply
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