Secondary Sales Volume Tied to Reddit’s Collectible NFT Avatars Surges Crossing $5 Million

Reddit’s non-fungible token (TVN) avatars have produced significant market action in the NFT industry, as the collectible’s secondary market sales reached more than $5 million on October 24 across more than 20,000 Ventes. The demand for Reddit’s collectible NFT avatars minted on Polygon has also spurred over three million Redditors to leverage Reddit’s Vault blockchain wallet.

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Demand for Reddit’s Collectible NFT Avatars Skyrockets — $5 Million in Secondary Sales Sold Across 20,000 Sales

During the first week of July, Reddit révélé the company had plans to release blockchain-backed avatars that leverage the proof-of-stake (Point de vente) blockchain Polygon (MATIQUE). À l'époque, Reddit said that Polygon was chosen for its “low-cost transactions and sustainability commitments.” On October 18, 2022, Reddit’s chief product officer Pali Bhat explained, while speaking on a Techcrunch Disrupt panel, that three million Vault blockchain wallets crafted by Reddit were created to date.

Secondary Sales Volume Tied to Reddit's Collectible NFT Avatars Surges Crossing $5 Million

Bhat further told the event’s attendees that 2.5 million were created in order to obtain the latest NFT avatars. According to statistics stemming from the blockchain analytics portal Dune Analytics, Opensea’s Polygon daily sales volume has skyrocketed and secondary market sales crossed the $5 million mark on Monday across 20,375 total sales. In the last 24 hours alone, the collectible Reddit NFT avatars recorded $1,951,860 en ventes.

4,708 Reddit NFT avatar sales occurred across secondary markets during the last day, and today, there are 2,831,931 total collectible avatar holders as of 5 après-midi. (HE) en octobre 24, 2022. En août 19, 2022, there were 32,730 total collectible avatar holders and since then, ownership has increased by 8,552%. By September 2022, the rate of ownership grew exponentially and there’s currently 2,919,501 Reddit collectible avatars available.

Dune Analytics stats published by the @polygon_analytics team show that 3.82% of the Reddit collectible avatars are owned by whales. Polygon’s native crypto asset, polygon (MATIQUE) has reaped the benefits of the latest Reddit NFT avatar demand, as the digital currency is up 6.4% au cours du dernier 24 heures. In seven days, MATIC has climbed 12.4% and during the last month, MATIC is up 15.4% contre les États-Unis. dollar. Année à ce jour, toutefois, MATIC is down 45.4% against the greenback.

Tags dans cette histoire
$5 million in sales, 20000 Ventes, avatar gear, avatars, Chaîne de blocs, Collectible avatars, collectible Reddit NFTs, Discussion Website, Ethereum, Ethereum Compatible, matique, nf, NFT avatars, Ventes TVN, TVN, Opensea, Polygone, Polygone (MATIQUE), Polygon Blockchain, Reddit, Reddit NFT avatars, secondary sales, Social Media Site, vault, Portefeuille

What do you think about the recent surge in demand for Reddit’s NFT collectible avatars? Faites-nous savoir ce que vous pensez de ce sujet dans la section commentaires ci-dessous.

Jamie Redman

Jamie Redman est le responsable de l'information chez Bitcoin-Tidings.com News et un journaliste spécialisé dans les technologies financières vivant en Floride. Redman est un membre actif de la communauté des crypto-monnaies depuis 2011. Il a une passion pour Bitcoin, code open-source, et applications décentralisées. Depuis septembre 2015, Redman a écrit plus de 6,000 articles pour Bitcoin-Tidings.com Actualités sur les protocoles perturbateurs qui émergent aujourd'hui.




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