NFT projects thrive even as OpenSea trading volumes take a hit

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Despite a series of attempts at vampire attacks, non-fungible tokens (NFT) continue to be actively used in OpenSea, while the number of unique users and transactions increases. However, the total size of the NFT market is behind last month’s figures of around $ 3 billion.

While there are NFT projects preparing to enter the secondary market, it seems that the sector as a whole is taking the next step when it comes to the utility and integration of NFTs in the meta-verse. In addition, global political uncertainty has a noticeable impact on the market environment.

The price of Ether (ETH) has dropped around 16% in the last seven days, and since most of the NFT projects are on the Ethereum network, NFT cranes tend to stay on the sidelines, and buy NFTs for a reasonable price. When it comes to collecting NFTs, Azuki has had a huge impact over the last 30 days, collecting over 80,000 Ether ($ 209,100,216) and redeeming blue chip pools such as Bored Ape Yacht Club (BAYC) and Crypto Punks from its top positions. Similarly, the launch of Invisible Friends on February 23 has already generated over $ 23.1 million, with a minimum of 8.95 Ether ($ 22,010.74).

Azuki average price / volume for 30 days. Source: openea
Not only are new players changing groups from above in terms of total volume, old projects are revived as the market environment corrects precarious conditions.

Below is the state of the current NFT market as we enter the end of the first quarter.

3 Landers NFT
3Landers surprises the market with its fantastic and charming appeal and resemblance to Doodles and The Simpsons, coming out on top in terms of total volume, and has amassed more than 11,000 Ethers ($ 28,666,000) since entering the secondary market on February 19th. .

3 Average price / volume of landing gear at any given time. Source: openea
3 The average selling price of a lander has increased by 63% in the last seven days and is one of the few projects whose land price continues to rise after disclosure, now at 1.55 ethers ($ 4056.35).

Building on the Ethereum blockchain, 3Landers describes itself as “… an NFT project based on community, adventure and collaboration.” Perhaps this is what positive collectors need in light of recent events.

As a community project, 3Landers will rely on talent, commitment and unity in the community to lead the project.

While some NFT projects focus on sharing societal value, others explore unknown territory through the creation of digital sovereign states.

NFT. worlds
NFT Worlds is built with the meta verse in mind and in the middle of it. Each of the 10,000 NFT worlds is explorable, unique, and upgradeable. It also announces compatibility with no less than a Minecraft sandbox.

NFT Worlds has shown growth over the last seven days, reaching a minimum price of around 18 ethers.

7-day lowest price for NFT Worlds. Source: NFT Price level.
Over the past 30 days, NFT Worlds has earned more than $ 42.3 million, of which nearly half was $ 21.3 million in just the last seven days.

7-day average price / volume of NFT Worlds. Source: openea
NFT Worlds seems to be attracting Web3 supporters and developers offering decentralization and APIs. As a high-cost digital country, NFT Worlds will integrate a rental system later this year, allowing owners to rent out their worlds for a monthly fee in the game’s currency, WRLD.

WRLD operates on the Polygon Network, and will have a bonus crane for qualified creators who want to integrate the game to earn (P2E) with the token.

Investors seem to appreciate open source and interoperable features and are well positioned for the next phase of the metaverse.

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Made by Sartoshi, a game about the mysterious Satoshi Nakamoto, Mfers climbed to third place in terms of overall size. Over the last seven days, the total volume has increased by almost 66%, with Mfers bottoming above 5.84 Ether ($ 15,330).

Average price / volume for 7 days. Source: openea
These slack, right-facing sticks are inspired by memes. Mfers’ spirit seems to have caused something in the sector lately, with the average selling price up 43% at one point in seven days.

Of the total of 10,000 Mferes, there are around 5,100 unique carriers in the group. Currently at 4 Ethers ($ 10950.08), the floor has increased by approx. 81% in the last 7 days.

Source: CoinTelegraph

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