BTC’s ‘reasonable’ $180K target, NFTs plunge in 2024, and more: Hodler’s Digest Jan 12 – 18

Bitcoin’s $180,000 price target remains on the table, says a trader, while 2024 marks the worst year for NFTs since 2020: Hodler’s Digest. Source link
NFTs mark worst trading year since 2020

The NFT ecosystem experienced its worst year in terms of trading volume in 2024, with trades dropping to levels last seen in 2020. According to blockchain data provider DappRadar, total non-fungible token trading volume fell to $13.7 billion in 2024, marking a significant drop from $16.8 billion recorded in 2023. The report highlighted that the […]
Anika Meier on the wild world of NFTs, CryptoPunks and AI

Welcome to the crypto.news podcast where we delve into the dynamic world of NFTs and digital art with our guest, Anika Meier. Anika, a curator and writer for Kunstforum’s STATUS UPDATE, joins us to discuss the current state of the NFT market, her latest project at the AI Biennale in Essen titled “REIMAGINE TOMORROW,” and […]
Pengu price rockets as Pudgy Penguins NFTs sales hit $545m

The Pudgy Penguins token rose sharply on Sunday as its non-fungible tokens sales rose by almost 70%. Pudgy Penguins (PENGU) price jumped by almost 17%, making it one of the best-performing cryptocurrencies. According to CryptoSlam, Pudgy Penguin’s sales rose by 68% on Jan. 5, making them the second-best performing NFTs after Guild of Guardians Heroes. […]
DEGN launches NFTs linked to 1,690 new ‘physical money’ printers

DEGN has released a Solana-based NFT that can be redeemed for a physical minting device called the Airmoney DEGN Genesis Edition. The device functions as a DePIN hardware wallet, allowing users to trade directly and print their wealth. According to its description on NFT marketplace Magic Eden, there are 1,690 numbered Airmoney DEGN Genesis Edition […]
NFTs will be ‘even bigger’ than they were in 2021 — Animoca’s Yat Siu
Animoca Brands’ Yat Siu told Cointelegraph that NFTs can be considered an investment in one’s reputation, similar to a Picasso artwork. Source link
NFTs start December with $187M weekly sales volume
Pudgy Penguins recorded $25 million in sales, while CryptoPunks had a weekly volume of $16.5 million. Source link
NFTs hit $562M in monthly sales volumes, recording six-month high
NFTs had a monthly sales volume of over $562 million in November, surpassing October’s record of $356 million. Source link