NFT Trading Volume in November Surges by 125%
The total NFT trading volume for November 2023 witnessed a substantial 125% increase from the previous month, almost touching the $1 billion threshold. This spike is attributed to a significant jump in the average transaction value, which escalated by 114% to $270.
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The total NFT trading volume for November 2023 witnessed a substantial 125% increase from the previous month, almost touching the $1 billion threshold. This spike is attributed to a significant jump in the average transaction value, which escalated by 114% to $270.
In the NFT marketplace arena, there have also been notable shifts. With the integration of Bitcoin Ordinals, OKX NFT Marketplace has claimed the second spot in trade volumes, securing 32% of the market share. Despite this, OpenSea continues to dominate in terms of user numbers, retaining 191,000 users.
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