
Nansen: Market Capitalization For Ethereum-Based Non-Fungible Tokens Reaches $11.3B
- CryptoPunks holds the highest Market Cap at 1.05 million Ethereum ($1.6 billion USD).
- Another NFT Style Selection Bored Ape Yacht Club comes in second with a market capitalization of 957,255 ETH.
- Third On the list is Bored Ape Yacht Club With a market capitalization in excess of 957,255 ETH.
Well-known cryptocurrency, DeFi and NFT analytics platform Nansen recently reported that the total market cap for Ethereum-based Non-Fungible Tokens (NFTs) has grown to 7.04 million ETH ($11.3 Billion). According to the on-chain information agency, this market cap estimation is valid for the top 1,500 Ethereum NFTs.
According to the list of the highest 10 Ethereum CryptoPunks holds the biggest market share in the NFT market with its 1.05 million ETH ($1.6billion USD) valuation. The NFT assortment saw a 2.7% increase in its minimum value in the last 24 hours. Another NFT Style Selection Bored Ape Yacht Club is ranked second with a market capitalization of 957,255ETH ($1.5 Billion) for,
We Market cap for NFT Collections: This is not comparable to historical market caps of ETH or BTC. However, it is something that we might add to our NFT Trends board.
Based on Nansen’s report: Market Capitalization For Ethereum-Based Non-Fungible Tokens Reaches $11.3 Billion This article was originally published on Coin Edition.
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