The NFT sector in the $BNB period has shown multiple instances of leading the market, such as on July 17, when the NFT sector rose by 0.06% compared to the previous trading day, with Changshan Beiming leading the way and net inflow of main funds reaching 1.687 billion yuan. On July 18, the NFT sector rose by 1.96%, among which APENFT (NFT) and Pudgy Penguins (PENGU) rose by 2.20% and 8.07%, respectively.
The main reasons for the NFT sector leading the way are as follows:
- Policy support for the development of the digital economy: Policy levels encourage innovative applications and promote the development of the digital economy, providing a good policy environment for the NFT industry and prompting more capital and enterprises to join the construction of the NFT ecosystem.
- Increased market recognition: As one of the important applications of blockchain technology, NFTs are gradually being recognized by the market as an important part of future digital assets. It has