Post-Merge NFT Sales Surge 1.75X And Popular NFT's Blast Off 75%-200%
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This Bloomberg article is available to those who have access: Bloomberg
For everyone else I'll breakdown the gist of it.
Post-merge, both sales volume and prices of NFTs have surged.
- OpenSea, saw trading volume increase 77% to $10 million as of Thursday afternoon
- The average price of an NFT on the platform soared 227% to $114 early Thursday, but has settled at $105, a 74% increase from the day before
- Even Magic Eden, which mostly sells Solana-based NFTs, experienced a boost, with volume rising 36% to $4.6 million before currently has $4.4 million in sales, a 19% increase from the day before
- Bored Ape Yacht Club saw $1.3 million in sales as Thursday afternoon, a 187% increase from 24 hours before
- CryptoPunks recorded a rise in trading volume of 56% to $1.4 million for the same period
Sales have somewhat settled but are still higher the prior to the merge as of the last end-of-day sales of 15th September.
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