OpenSea is preparing to enter the war with new marketplaces
The dominance of the OpenSea NFT marketplace in terms of trading volume is declining as more and more competitors emerge.
Since January, trading volumes on OpenSea have been falling rapidly. If at the beginning of the year the trading volume on the site was about $5 billion, then by the end of July, a little less than $500 million was traded on OpenSea.
The dominance of the OpenSea NFT marketplace in terms of trading volume is declining as more and more competitors emerge.
Since January, trading volumes on OpenSea have been falling rapidly. If at the beginning of the year the trading volume on the site was about $5 billion, then by the end of July, a little less than $500 million was traded on OpenSea.
Yesterday, a representative of the Pudgy Penguins NFT collection, number 6873, was sold for the equivalent of $631,000, which is a record for this series of tokens. This is the largest sale in the last 24 hours and the second result in a month.
Only Bored Ape Yacht Club's #5383 had more, which sold for the equivalent of $1.47 million.
Only Bored Ape Yacht Club's #5383 had more, which sold for the equivalent of $1.47 million.