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NFT Trading Volume Surges 125%, Nears $1B in November: DappRadar Report
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Digital collectibles or non-fungible tokens (NFTs) are currently experiencing a resurgence despite the ongoing bullish momentum in the broader crypto market.
Capturing this shift, DappRadar’s November industry report revealed that the NFT ecosystem has sustained a positive trend for the second consecutive month.
According to the decentralized application (dApp) monitoring platform, the digital collectible ecosystem witnessed an impressive 125% surge in trading volume in November.
This remarkable rally has seen it gross nearly $1 billion in trading volume within the stated month.
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