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Tuesday

28 September 2021

NFT sales and floor prices plummet as demand wanes and gas prices soar

NFT sales and floor prices plummet as demand wanes and gas prices soar


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It is worth noting that this metric can be somewhat misleading as the price floor can be impacted by newer projects being listed on the market and selling for lower prices.

For many of the top projects such as CryptoPunks and EtherRocks, high-priced sales are still occurring and this indicates that the demand for premium projects remains high.

This suggests that demand for premium projects remains high and that NFT prices could recover as the wider crypto market bounces back.

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Alibaba Has Banned the Sale of Crypto Miners
published: 17 minutes ago
The China-based e-commerce company Alibaba has banned sales of cryptocurrency miners on its website, along with related accessories.

sentiment (-0.2) Negative

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cointelegraph.com
Market data feeds provided by cryptocompare.com
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