Are #NFTs making a #comeback in the space?

Just recently, a #CryptoPunks NFT was purchased for more than $16 million worth of #Ethereum, marking the second largest CryptoPunks sale. 🤯

While NFT trading volume in 2023 fell by a whooping $14.5 billion, there has been a resurgence of trading volume and hype this year. 📈 While the turnaround is a positive sign for the #NFT and #crypto ecosystem, experts are noting the importance of #utility, incentives and even gamification for the space to thrive in the long term.

What do you think? Are you still excited about the future of NFTs? 🙂 Let's discuss! ⬇️

Source link: https://decrypt.co/222663/cruptopunk-alien-punks-ethereum-nft-sold-16-million

#OAX #OAXAcademy #digitalassets #web3 #opensea #cryptotwitter #defi #cryptomarket #nftcommunity #cryptocommunity #bitcoin #solana #eth