Top NFT News Today – 11 January, 2024
Non-fungible tokens (NFTs) are making (yet another) comeback.
Over the last 24 hours, the NFT sales volume went up more than 30% to $50.5 million, according to CryptoSlam.
That said, transactions have seen a small drop of less than 0.5%, recording 313,887 at the time of writing.
Among the top 5 collections, Saga Monkes has seen the highest rise in sales, percentage-wise. Its 369% is followed by Bored Ape Yacht Club’s 145%.
But there is far more happening in the space than just numbers.
Check out the most important NFT-related news discussed today in crypto circles and beyond.
Unsurprisingly, this has been the biggest news today.
The Social media giant, now called X, has removed support for NFTs from its premium subscription page.
On January 9, the option was still available. The ‘Create a Community’ section still stated that: “As a Premium subscriber, you can create and customize your profile so you can show off the NFTs you own in a hex-shaped profile picture on your account.”
It continued: “After a temporary connection to your crypto wallet that allows you to set up an NFT as your profile picture, your digital asset displays in a special hexagon shape that identifies you as the owner of that NFT.”
Its FAQ page also contained a number of NFT-related questions, answers, and explanations.
As of January 10, the ‘Create a Community’ section simply states: “As a Premium subscriber, you can create a community on X to connect with people who share similar interests.” Rather vague and obvious.
There are currently no mentions of NFTs anywhere on the premium support page.
Many argued that this was a relevant tool that helped strengthen security in the space.
why did elon remove the hexagon nft pfp from x?
this was an important feature for
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