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OpenSea NFT trading volume surges as Bored Ape mania intensifies
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NFT trading volumes on OpenSea are surging in January amid a renewed speculative frenzy on Yuga Labs’ Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC).
According to data posted by “rchen8” on Dune Analytics, OpenSea has generated more than $700 million worth of trading volume since the start of 2022, with Jan. 3 being the biggest day of the year with a whopping $255.8 million worth of 24-hour volume.
While popular onlookers as Wu Blockchain have asserted that the volume on Jan. 3 was a record high for OpenSea, previous data posted by rchen8 on Dune Analytics shows that Aug. 29 saw the all-time high (ATH) of $322 million.
In December, OpenSea’s monthly volume topped $3.24 billion and fell just 5.3% short of the platform’s ATH in
Read more on cointelegraph.comAbout this in other media
OpenSea surpasses $3.5B in monthly Ether trading volume setting new ATH cointelegraph.com /2 years ago
A new NFT collection called PhantaBear has beaten the sales volume of Bored Ape in the past week markets.businessinsider.com /2 years ago
Rio de Janeiro's mayor is following the lead of Miami's bitcoin-loving Francisco Suarez and will invest 1% of the city's reserves in the cryptocurrency markets.businessinsider.com /2 years ago
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