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NFT Sales Surge 57.8% in November Amid Positive Market Momentum

TheNewsCrypto LogoTheNewsCrypto3w ago

NFT Sales Surge 57.8% in November Amid Positive Market Momentum - TheNewsCrypto

Quick Summary:

As interest in digital collectibles continues to rise, sales of non-fungible tokens (NFTs) surged by 57.8 percent in November, continuing their monthly upward trend.

An analysis by analytics firm CryptoSlam revealed on December 1st that NFTs saw a significant uptick in sales volume over October, reaching $562 million.

A representation of the history and culture of NFTs, CryptoPunks was one of the first big NFT initiatives.


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Article Details

Author / Journalist: Nayazunissa

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-01 @ 11:16:38 (3 weeks ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 283 words

Reading Time: 2 minutes read

Sentences: 26 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 24009932

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About TheNewsCrypto

TheNewsCrypto Logo

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 6 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 12 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #125

Publisher Details

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The story "NFT Sales Surge 57.8% in November Amid Positive Market Momentum" has 283 words across 26 sentences, which will take approximately 2 - 3 minutes for the average person to read.

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The story "NFT Sales Surge 57.8% in November Amid Positive Market Momentum" was covered 3 weeks ago by TheNewsCrypto, a news publisher based in United Arab Emirates.

How trustworthy is 'TheNewsCrypto' news outlet?

TheNewsCrypto is news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in United Arab Emirates and publishes an average of 6 news stories per day.

It's most recent story was published 12 hours ago.

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  • News ID: #24009932
  • URL: https://beamstart.com/news/nft-sales-surge-578-in-17330656129221

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