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Why Are NFTs Gaining So Much Attention This December?
NFT sales are up this December, hitting $187M in the first week, compared to $181M in November.
While #Ethereum leads with #PudgyPenguins (+346%, $25M) and #CryptoPunks ($16.5M), #BitcoinNFTs aren’t far behind, reaching $43.8M.
With these numbers, December could be a game changing month for #NFTs
#NFTs Gaining Momentum 👀💪🏻
$187 NFT sales just within a week is much higher & it could lead to a NFT SEASON as well 🚀
NFT sales are up this December, hitting $187M in the first week, compared to $181M in November.
While #Ethereum leads with #PudgyPenguins (+346%, $25M) and #CryptoPunks ($16.5M), #BitcoinNFTs aren’t far behind, reaching $43.8M.
With these numbers, December could be a game changing month for #NFTs
#NFTs Gaining Momentum 👀💪🏻
$187 NFT sales just within a week is much higher & it could lead to a NFT SEASON as well 🚀
BREAKING 💵🚀🚨 : "Bitcoin and Ethereum Surge as Crypto Market Rebounds in December 2024"
🚨🚀 : The cryptocurrency market is seeing some positive developments in December 2024. Bitcoin, in particular, is experiencing strong growth, with its price rising by over 6% in just the past 24 hours, reflecting a solid year-to-date return of more than 135%. The anticipation of the upcoming Bitcoin halving in April 2024, which reduces the coin's issuance, is expected to drive further price increases, potentially surpassing $48,000 later in the year.
Ethereum is also looking promising, with improvements like the upcoming EIP-4884 upgrade, which will enhance its Layer 2 networks. This is expected to bolster Ethereum’s scalability and transaction volume, further cementing its position in the crypto space.
On the decentralized finance (DeFi) front, decentralized exchanges (DEXs) are gaining traction, and the NFT market is seeing a resurgence, especially with Bitcoin-based NFTs gaining popularity. This growth signals a broader recovery and expansion of the crypto ecosystem.
These trends highlight a positive outlook for the crypto market in the near future, with innovations across Bitcoin, Ethereum, and NFTs likely to continue driving interest and investment.
#bitcoin☀️
Ethereum is also looking promising, with improvements like the upcoming EIP-4884 upgrade, which will enhance its Layer 2 networks. This is expected to bolster Ethereum’s scalability and transaction volume, further cementing its position in the crypto space.
On the decentralized finance (DeFi) front, decentralized exchanges (DEXs) are gaining traction, and the NFT market is seeing a resurgence, especially with Bitcoin-based NFTs gaining popularity. This growth signals a broader recovery and expansion of the crypto ecosystem.
These trends highlight a positive outlook for the crypto market in the near future, with innovations across Bitcoin, Ethereum, and NFTs likely to continue driving interest and investment.
#bitcoin☀️
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