Experts explained that the vast majority of NFT is created on the Ethereum network, and their price and sales are nominated on the air. Therefore, the bull or bear trend of the second cryptocurrency leads to an increase or drop in the capitalization of the NFT sector.
According to analysts, the Cryptopunks collection remained a capitalization leader, but it also lost almost $ 300 million. The price of the collection decreased by 12% – from $ 2.4 billion to $ 2.1 billion. The volume of sales amounted to $ 12.7 million, which is 34% less in the last week. The total number of transactions was reduced by 28% – to 51.
The Bored Ape Yacht Club (Bayc) collection fell from second to third place in general capitalization. The cost of the collection fell by almost 20% – from $ 602 million to $ 482.3 million.
The prospects of the sector of non -replaceable tokens remain vague and much will depend on how the situation with the price dynamics of the ether will develop, experts concluded.
Earlier, the co -founder of SOLANA Anatoly Yakovenko called memcoirs and non -replaceable tokens “digital garbage”, which does not have internal value.
Source: Bits
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