Are NFTs back? 👀
NFT trading volume hit $187 million in the first week of December, setting a new record and beating November's top week of $181 million, according to CryptoSlam.
NFTs based on Ethereum led the way, with $92 million in trading volume — up 44.69% from the previous week.This growth was fueled by popular collections like Pudgy Penguins and CryptoPunks.
Pudgy Penguins had an impressive week, with $25 million in trades — a 346% jump! Its floor price rose from 13 ETH to 20.9 ETH (about $83,000 on December 8).
NFTs are clearly making a strong comeback, with growing interest from investors. But for how long? 😏
If you're interested in crypto world events, hop into the Duel Duck mini app and make your predictions!
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