It's alive! The NFT market is twitching out of its torpor, defying reports of its demise.
"We will see another 2021-style run when we are able to really bring on board the next big wave of participants into the space," said Teng Yan, lead researcher at Delphi Digital, estimating that there are between 30,000 to 50,000 people who are actively trading NFTs right now.remains shrouded in mystery. Few crypto experts expect a repeat of the 2021 boom anytime soon.
"The most promising aspect of this technology will be when more and more of the Disneys and Dua Lipas of the world increasingly turn to NFTs," McKenna added. NFT trading volumes on Blur's platform has totaled 101.2 million over the last seven days, slightly ahead of the $100.4 million seen on dominant marketplace OpenSea, according to data from DappRadar.
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