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#OpenSea's.NFT Market Remains Stable, Surpassing Challenging Phases.
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Though non-fungible token (NFT) #marketplaces may not be as vibrant as they were during the exuberant days of 2021, they are far from dormant. Instead, #NFT collectors have redirected their attention to prolonged asset retention, embracing the growing influence of community-oriented dynamics.
Amid a quieter phase for non-fungible token (NFT) marketplaces compared to the bustling activity of 2021, the landscape remains far from dormant. NFT enthusiasts have shifted their strategy towards prolonged asset holding, emphasizing a growing sense of community.
A recent NFT18 report highlights a nearly fourfold increase in the duration between NFT purchase and resale since 2021, now averaging just under 100 days. Despite this, OpenSea continues to boast a robust user base, with 192,500 active wallets, indicating sustained engagement.
#FollowUsNow To see more breaking news ✅🚀
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Though non-fungible token (NFT) #marketplaces may not be as vibrant as they were during the exuberant days of 2021, they are far from dormant. Instead, #NFT collectors have redirected their attention to prolonged asset retention, embracing the growing influence of community-oriented dynamics.
Amid a quieter phase for non-fungible token (NFT) marketplaces compared to the bustling activity of 2021, the landscape remains far from dormant. NFT enthusiasts have shifted their strategy towards prolonged asset holding, emphasizing a growing sense of community.
A recent NFT18 report highlights a nearly fourfold increase in the duration between NFT purchase and resale since 2021, now averaging just under 100 days. Despite this, OpenSea continues to boast a robust user base, with 192,500 active wallets, indicating sustained engagement.
#FollowUsNow To see more breaking news ✅🚀
📣Top 5 #NFT #Marketplaces Performance in the Last 24 Hours⤵️
🔶OpenSea : $22.9M
🔶Blur : $4.3M
🔶Magic Eden : $718.0K
🔶CryptoPunks : $591.0K
🔶Element Market : $581.0K
#Write2Earn #OpenSeaMarket #BLUR
🔶OpenSea : $22.9M
🔶Blur : $4.3M
🔶Magic Eden : $718.0K
🔶CryptoPunks : $591.0K
🔶Element Market : $581.0K
#Write2Earn #OpenSeaMarket #BLUR
$BNB Binance Coin is the native cryptocurrency of the BNB Chain. It has various uses within the Binance ecosystem and beyond, including:
* Paying transaction fees: On the BNB Chain, BNB is used to pay for transaction fees, which is a core function.
* Trading: BNB is actively traded on cryptocurrency exchanges, including Binance.
* Participation in sales: It can be used to participate in token sales and other events on the BNB Chain.
Regarding marketplaces, the BNB Chain hosts a vibrant ecosystem of decentralized applications (dApps), including numerous NFT marketplaces. These platforms allow users to buy, sell, and trade non-fungible tokens (NFTs). Some notable marketplaces operating on the BNB Chain include those found through platforms that rank dapps, like DappRadar. These market places allow for the trading of many different NFT's.
#bnb #cryptocurrency #BNBChain #nft #marketplaces
* Paying transaction fees: On the BNB Chain, BNB is used to pay for transaction fees, which is a core function.
* Trading: BNB is actively traded on cryptocurrency exchanges, including Binance.
* Participation in sales: It can be used to participate in token sales and other events on the BNB Chain.
Regarding marketplaces, the BNB Chain hosts a vibrant ecosystem of decentralized applications (dApps), including numerous NFT marketplaces. These platforms allow users to buy, sell, and trade non-fungible tokens (NFTs). Some notable marketplaces operating on the BNB Chain include those found through platforms that rank dapps, like DappRadar. These market places allow for the trading of many different NFT's.
#bnb #cryptocurrency #BNBChain #nft #marketplaces
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