Reddit ‘Digital Collectibles’ Trading Volume Shoots Past All-Time High – Here’s What You Need to Know
The trading volume of Reddit's digital collectible NFTs has surpassed $2.5 million in the past 24 hours, representing over one-third of the collection’s cumulative trading volume of $6.3 million since launch. At the same...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
At the same time, the daily sales volume of Reddit NFTs also witnessed a new all-time high of 5,383 NFTs changing hands, as per data by Dune Analytics. ...
Read More: Reddit ‘Digital Collectibles’ Trading Volume Shoots Past All-Time High – Here’s What You Need to Know
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Lido Opens Higher-Balance Ethereum Validators With A Deliberately Small Start
Lido has opened a permissionless route to Ethereum validators that can hold much larger effective balances, but the first allocati...
Lido Puts Liquidity Buffers At The Center Of Ethereum ETP Yield Debate
An Ethereum investment product can advertise staking exposure without putting every unit of its ETH to work. Lido’s October 23 com...
Kraken Lists SFI As Saffron Puts Uniswap Trading Fees At The Center Of Its Product
Kraken added SFI trading on October 23, bringing fresh exchange access to a token attached to a protocol that has changed substant...
Kraken Ends Trading In 13 Tokens As A Separate Withdrawal Deadline Begins
Kraken’s October delistings have moved into the withdrawal phase. Trading and deposits for 13 assets were scheduled to stop on Oct...
Grayscale’s Zcash ETF pulls in $41.1 million as Bitcoin and Ethereum funds wobble
Zcash's ETF success amid Bitcoin and Ethereum struggles highlights investor interest in privacy-focused assets during market volat...
Bitcoin (BTC) Price Prediction: $74K Liquidity Gap Puts $80K Support to the Test
Meanwhile, data from Glassnode and Fasanara Digital show that traditional financial assets are capturing a growing share of deriva...