A majority of Yuga securities saw rising trade volume this month.
The NFT market was down by almost 30% in the past 24 hours.
Non-fungible tokens have plunged alongside the crypto market last year. However, a recent incident suggests that the market is still offering fruitful results to investors. NFTs gained a lot of attention in 2021, gaining around 21000% during the year. But some experts believe that it was a bubble that burst and people might never see anything like that in the industry again.
Otherdeeds Remain The Top Gainer This Month
According to Bloomberg, a couple of Barclays Plc employees traded with Bored Ape Yacht Club (BAYC) NFTs to register around 700% profit. Data from OpenSea, the biggest NFT marketplace, shows that they sold 72 Bored Apes for 78 ETH last week. Currently, the collection has a floor price of 69.25 ETH at the time of publication.
BAYC by far is the most renowned name in the NFT arena. Its popularity has reached the mainstream entertainment market conside
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