Trading Volume of Doodles Series NFT Soars by 192% in 24 Hours

03/05/2023 19:20 • Daily Digest • 71 views

It is reported that according to the latest data of OpenSea, the trading volume of Doodles series NFT in the past 24 hours was 4831ETH, up 192%. The trading volume in the past 24 hours ranked first in OpenSea, with the floor price of 5.18ETH.

The trading volume of Doodles series NFT has increased by nearly 200% in the past 24 hours

Interpretation of the news:

The world of NFTs is expanding at an unprecedented rate with a plethora of digital artworks selling for millions of dollars. Among the latest data provided by OpenSea, one of the largest NFT marketplaces, the Doodles series NFT has recorded the highest trading volume in the past 24 hours. The trading volume of Doodles series NFT reached 4831ETH, up 192% from the previous day.

The skyrocketing trading volume of Doodles series NFT suggests a growing interest in digital art and the increasing adoption of cryptocurrencies as a medium of exchange. NFTs or non-fungible tokens are unique digital assets that rely on blockchain technology to verify their ownership, authenticity, and scarcity. These tokens have opened up new possibilities for creators, artists, and collectors to monetize and trade their creations in a decentralized and transparent manner.

Doodles series NFT seems to have captured the attention of buyers and collectors due to its unique and playful art style. Each Doodle consists of a combination of randomly generated shapes, patterns, and colors that create a distinctive appearance. Additionally, Doodles are rare with only 7,000 unique pieces available for purchase. The current floor price for a Doodle is 5.18ETH, which translates to approximately $18,000.

The surge in trading volume of Doodles series NFT could also be attributed to the recent activities in the NFT market. The sale of Beeple’s digital artwork for a record-breaking $69 million has put NFTs in the mainstream media spotlight. Additionally, the growing number of celebrities and influencers joining the NFT craze has helped to increase the visibility and popularity of these digital assets.

In conclusion, the NFT market continues to evolve and expand with the emergence of new digital assets and marketplaces. The latest data on the trading volume of Doodles series NFT in OpenSea indicates a growing interest in this unique digital art collection. As more creators and collectors embrace NFTs, we can expect to see even more innovations and opportunities in the ecosystem.

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Trading Volume of Doodles Series NFT Soars by 192% in 24 Hours

The trading volume of Doodles series NFT has increased by nearly 200% in the past 24 hours

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