A DappRadar report found that while trading volumes have taken a sharp hit during Q3, the average number of NFT sales for these 10 projects only decreased by 11.55%. Third-quarter trading volume for the top 10 metaverse projects may have fallen 80% compared to the second quarter, but analytics firm DappRadar suggests that interest in…
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At the end of January 2022, non-fungible token (NFT) sales raked in $4.77 billion and NFT sales have slipped month after month since then. Last month, $549.82 million in NFT sales took place in September which shows monthly NFT sales are more than 88% lower than they were in January. Furthermore, after the search term…
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According to Dappradar’s latest crypto industry report that covers 2022’s third quarter, the crypto economy and its participants are “riding out the bear market.” However, these days a number of macroeconomic events have influenced the crypto market, and Dappradar researchers say it’s currently “impossible to foresee a worldwide expansion of cryptocurrencies without a general recovery…
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Non-fungible token (NFT) sales managed to climb higher during the last seven days than the previous week’s overall sales. This week’s NFT sales managed to jump over 6.3% after recording more than $153 million in sales compared to last week’s $144 million. Non-Fungible Token Sales This Week Climb More Than 6% Higher, 2 NFT Collections…
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Blockchain games and NFT-related Metaverse projects “managed to sidestep the ensuing bear market” by posting transaction count increases of 9.5% and 27% respectively in Q2. Blockchain gaming and the Metaverse have managed to “sidestep” the “Lehman brothers-like” collapse of Terra in May — though decentralized finance (DeFi) and nonfungible tokens (NFTs) haven’t been so lucky,…
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During the last few weeks, non-fungible token (NFT) sales have remained flat and data from the past seven days have shown NFT sales are down 8.11% lower than the week prior. Despite the downturn, a few NFT collections saw significant percentage increases in terms of sales as the collections like Electricsheep, Moonbirds, and Moonbirds Oddities…
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Crypto-based play-to-earn games and game-related non-fungible tokens (NFTs) comprise the least affected sector in all of crypto during the current bear market, with venture capital investments continuing to flow into the sector, a new report from the decentralized app tracking site DappRadar has found…. Read More: Crypto Games Least Affected by Bear Market, VC Investments…
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Blockchain games is the category within crypto that has resisted the industry downturn the most, with activity still being up 197% year-over-year, DappRadar’s Industry Report for May shows. The sector’s resilience is clear despite a drop in the number of game transactions of 5% in May compared to the month before, DappRadar said, comparing…
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New DappRadar report provides wide-ranging insights into the performance of the crypto and Web3 space throughout Q1 of 2022. A quantitative analytics report published by DappRadar has unveiled a number of revelatory behavioral market indicators for the global adoption of digital assets. The blockchain data portrays a positive sentiment for the Web3 and metaverse sectors,…
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