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Here are the traits of a successful NFT trader
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ambcrypto.comSince the NFT sector is known for both famous collections and individual works by artists, it’s easy to view the market in fragments. However, Chainalysis’ 2021 NFT Market Report sheds light on broader trading trends and investor behavior.
Experts and analysts are fond of describing the NFT ‘summer’ or NFT ‘boom’ of 2021. But, when exactly did this come about? Chainalysis’ report pointed out a “noticeable spike” starting from the final week of August after the Bored Ape Yacht Club released a new collection.
Coming to marketplaces, OpenSea was a clear winner after it fished in more than $16 billion in crypto, just this year alone. Meanwhile, Ethereum smart contracts ERC-721 and ERC-1155 bagged $26.9 billion in crypto.
When considering NFT
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