NFT Sales Rise 8% to $129.1 Million, Pudgy Penguins Experience Slight 15% Rebound
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
NFT Market Growth: The NFT market has experienced an 8.13% increase in sales volume, reaching $129.1 million, marking three consecutive weeks of growth despite a downturn in the broader crypto market.
Increased Market Participation: Buyer counts have more than doubled, with a 112.37% increase to 587,381, while seller counts rose by 140.76% to 496,112, indicating a surge in market activity.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
