Nansen: The current total market value of NFT is US$5.6 billion
According to blockchain analysis platform Nansen, the total market value of NFTs (limited to ETH) was 2,635,087 ETH (worth $4.7 billion in ETH price) last week. Today, the total market value of NFTs is 2,973,212 ETH (worth $5.6 billion at current prices). However, the NFT market needs to increase by 535 times to reach the peak NFT market value of $30 trillion in November 2021. One important factor in the decline of the NFT market peak is the decrease in ETH price.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget to Adjust CFD Leverage During Special Trading Periods in the Fourth Week of October 2026
Upgraded App copy trading experience
Axis Robotics (AXIS) to be listed on Bitget Launchpool — Grab a share of 1,333,333 AXIS
CandyBomb x AXIS: Trade to share 533,333 AXIS
Crypto prices
More
