Get started

Nftmarketplace

$me magic eden $MEUSDmoving forward i am bullish on magic eden... we are traveling in a nice uptrend in a nice channel.... we currently have a fib resistence at $3.77 which i personally think we will retest before the weekend is over...the channel support line is in the low 3.20's if you are looking to add on a pullback...as we approach the $3.776 range keep an eye on !total to see what the marketcap is doing.... if btc dominence is going down and money is flowing into alts, i expect volume to pick up as we push thru the resistence area. if marketcap starts to drop though i can see the price here coming back down to retest the $3.12 current swing low that was created last week. Price for this token dumped hard after an initail luanch of the token sent out 1,000s to some holders, which where dumped onto the market....a lot of investors into this project tho are staking as many coins as possible to maximize the sites rewards. lockup period is thru mid march to end of march....Stay tuned as i will keep you updated on this chart. Give me a like and follow....Share on X.com also if you like my TA and have found it helpful. Thanks
COINBASE:MEUSDLong
by JTess
Blur dominate almost 80% of NFT trading volume as activity spikeKey Takeaway i. Blur’s NFT marketplace now holds almost 80% of non-fungible token trading volume as activity in the sector spikes. ii. OpenSea’s NFT market share has declined to a low of almost 17% of total trading volume, according to data from The Block. The NFT market has seen a spike in activity over the past month, with the majority of the increased trading volume occurring on the Blur marketplace. According to The Block's Data Dashboard, November saw $605 million in Ethereum-based NFT trading. That's up from a monthly trading volume of $306 million in October, an increase of almost 100%. Just four days into December, NFT trading volume for the month has already reached almost $90 million, with nearly $70 million coming from transactions on the Blur NFT marketplace. Shift from OpenSea Since February of this year, the NFT sector has witnessed a notable market share shift from OpenSea to Blur, with the later marketplace now dominating almost 80% of total trading volume in the Ethereum-based NFT market. OpenSea, the NFT marketplace that was once dominant, has been ceding ground and currently holds around only 17% of NFT trading volume. According to The Block's Data Dashboard, there has also been an uptick in trading on Solana-based NFT marketplaces, with daily volumes rising throughout November and into December. On Nov. 30, total trading volume across Solana-based NFT markets stood at $9.3 million, a high not seen since April of this year. The majority of this volume was on Tensor, with over $5 million in daily trades. Blur, launched in October 2022, is a zero-fee NFT marketplace designed to cater to the needs of professional NFT traders.
Long
by DEXWireNews