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OpenSea NFT trading volume surges as Bored Ape mania intensifies
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NFT trading volumes on OpenSea are surging in January amid a renewed speculative frenzy on Yuga Labs’ Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC).
According to data posted by “rchen8” on Dune Analytics, OpenSea has generated more than $700 million worth of trading volume since the start of 2022, with Jan. 3 being the biggest day of the year with a whopping $255.8 million worth of 24-hour volume.
While popular onlookers as Wu Blockchain have asserted that the volume on Jan. 3 was a record high for OpenSea, previous data posted by rchen8 on Dune Analytics shows that Aug. 29 saw the all-time high (ATH) of $322 million.
In December, OpenSea’s monthly volume topped $3.24 billion and fell just 5.3% short of the platform’s ATH in
Read more on cointelegraph.comAbout this in other media
OpenSea acquires Dharma Labs and a new CTO cointelegraph.com /2 years ago
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