NFT market is making a strong comeback? The US election market ignites the "sleeping giant"!
According to the Galaxy Research report, the NFT market is recovering and the trading volume is rising sharply! In early November, the weekly trading volume exceeded US$100 million, and soared to US$172 million in early December! Who is triggering this wave of market?
1. Top collectibles lead: The top 25 NFTs by market value are trading hot, and whale-level players are back!
2. The market hegemony battle is upgraded: Blur has 60% of the trading volume, and OpenSea has 27% to defend the "old brand dignity". Magic Eden also took the opportunity to share a piece of the pie, and the NFT "Three Kingdoms" was filled with smoke.
Pointed out that this wave of recovery is not only a signal of warming market sentiment, but also a "sentinel battle" between the US election market and the rebound of the crypto market. The strong move first, funds flow back, and the NFT market is brewing the next wave of offensive!
Opportunities are always reserved for those who ambush in advance. Still doubting that NFT is dead? Don’t wait until the bull market comes to regret not getting on board! For more in-depth interpretation, lock in Uncle Qian and he will help you understand the truth behind this round of recovery!