✨ #nft market is heating up again with a $6.6B cap, showing a 94% monthly rise. 🔥
🥂 Weekly volume jumped to $136M, with a sharp 9.62% surge on July 22. Performance is now outpacing the broader crypto market.
Key drivers: ✨
• CryptoPunks floor price rebounding, leading recovery
• Altcoin Season Index at 51, up 220% MoM
• US regulatory tone turning positive, lifting sentiment
• Growth fueled by trading momentum, not tech upgrades
Smart trading strategies:💛
• Focus on ETH-based NFTs with active communities
• Look for dip buys during corrections like July 23’s 2% drop
• Watch Bitcoin’s moves above \$62K for NFT correlation
• Track CryptoPunks activity for trend confirmation
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