NFT & Blockchain Gaming Weekly - 📉 NFT Market dips 45% in Q2; Bitcoin-Based NFTs Hit New Milestones
NFT & Blockchain Gaming Weekly - 📉 NFT Market dips 45% in Q2; Bitcoin-Based NFTs Hit New MilestonesNFT market dips 45%; Solana and Bitcoin-based NFTs hit new milestones. Notcoin burns US$3M of NOT tokens and distributes US$5M of NOT. Animoca Brands is considering an IPO.
Quick Take
Chart of the WeekThe NFT market saw a 45% decline in sales volume in Q2 2024, dropping from $4.1 billion in Q1 to $2.28 billion. This downturn marks the lowest quarterly volume since Q3 2023. Despite the decline, Solana and Bitcoin-based NFTs achieved significant milestones, with Solana reaching $5.62 billion in sales volume and Bitcoin NFTs hitting $4.32 billion in all-time sales. They have both surpassed the Ronin blockchain. They now hold the second and third spots, respectively, behind Ethereum for the highest all-time NFT sales volume. New Project SpotlightThe following table shows selected top games by weekly volume in USD: Gaming Token PerformanceThe total market cap for gaming tokens now stands at $25.05 billion, decreasing by +0.72% from last week. News Highlights
Recent Research Report
We’re all ears.Your feedback helps make our reporting more insightful. Tell us how we can improve this newsletter by taking the survey below. It will take less than a minute of your time. Thank you! AuthorsResearch and Insights Team DisclaimerThe information in this report is provided as general market commentary by Crypto.com and its affiliates, and does not constitute any financial, investment, legal, tax, or any other advice. This report is not intended to offer or recommend any access to products and/or services. While we endeavour to publish and maintain accurate information, we do not guarantee the accuracy, completeness, or usefulness of any information in this report nor do we adopt nor endorse, nor are we responsible for, the accuracy or reliability of any information submitted by other parties.This report is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of, or located in a jurisdiction, where such distribution or use would be contrary to applicable law or that would subject Crypto.com and/or its affiliates to any registration or licensing requirement.The brands and the logos appearing in this report are registered trademarks of their respective owners.Thank you for reading! We hope you find our Weekly NFT & GameFi Update enlightening! Hungry for more? Visit our Research Hub and University to access other insightful crypto research! Share with a friend if you like our email! Crypto Trends from Crypto.com: Market, DeFi, NFT, Gaming is free today. But if you enjoyed this post, you can tell Crypto Trends from Crypto.com: Market, DeFi, NFT, Gaming that their writing is valuable by pledging a future subscription. You won't be charged unless they enable payments. |
Older messages
💲 Stablecoin issuers are the 18th largest holders of US debt; AAVE is considering to join Lido Alliance
Wednesday, June 26, 2024
Stablecoin issuers are the 18th largest holders of US debt. AAVE is considering to join Lido Alliance. Blast will launch an airdrop on 26 June ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
📉 Bitcoin miner reserves drop to three-year low; Standard Chartered is establishing a spot trading desk for BTC a…
Monday, June 24, 2024
Bitcoin miner reserves drop to three-year low; Standard Chartered is establishing a spot trading desk for BTC and ETH; Asset managers revised S-1 filings on US Spot Ether ETF applications. ͏ ͏ ͏ ͏ ͏ ͏
NFT & Blockchain Gaming Weekly - 📈 📈 Bitcoin surpassed Ronin in all-time NFT sales; Loaded Lions: Mane City Mayh…
Friday, June 21, 2024
Bitcoin-based NFTs surpassed the gaming blockchain Ronin in all-time NFT sales. Ronin to integrate zkEVM for scalability. Doodles migrates Stoodio avatar customisation platform to Base. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
📉 CRV dipped to all-time low; Tether announced new stablecoin aUSDT
Wednesday, June 19, 2024
$CRV dips to all-time low due to its founder's massive liquidations. Tether releases new stablecoin aUSDT backed by its XAUT. Ronin announces its zkEVM chain built on top of Polygon CDK. ͏ ͏ ͏ ͏ ͏
🏛️BTC and ETH balances on centralised exchanges saw a 3-year low; SEC Chairman sees U.S. Spot Ether ETF S-1 appro…
Monday, June 17, 2024
BTC and ETH balances on centralised exchanges saw a three-year low; SEC Chairman sees US Spot Ether ETF S-1 approvals in summer 2024; Australian Securities Exchange approved first spot Bitcoin ETF ͏ ͏
You Might Also Like
Crypto derivatives markets: Bitcoin vs. Ethereum
Sunday, June 30, 2024
CryptoSlate's latest market report dives deep into the theoretical and practical differences between BTC and ETH and explores their respective futures, options, and perpetual futures markets. ͏ ͏ ͏
🥛 Last Chance - 24h left to lock in the best deal
Sunday, June 30, 2024
Prices are soaring after today 🚀
Asia's weekly TOP10 crypto news (Jun 24 to Jun 30)
Sunday, June 30, 2024
1. Hong Kong Regulatory News This Week 1.1 Hong Kong Virtual Asset Trading Platform License Transition Period Ends, Platforms like Binance Still Not Fully Withdrawn link According to Hong Kong 01, the
Coinbase to launch CFTC-regulated futures trading for 5 altcoins
Saturday, June 29, 2024
The service will add new margined futures contracts for AVAX, LINK, DOT, XLM and SHIB starting July 15. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Coffee and Member Sentiment | BanklessDAO Weekly Rollup
Saturday, June 29, 2024
Catch Up With What Happened This Week in BanklessDAO ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
🥛 TON – the next $100 billion blockchain?
Saturday, June 29, 2024
PLUS: Will $TON outperform $ETH and $SOL this cycle?
Weekly Project Updates: BLAST Airdrop Goes Live, ZKsync Introduces New "Elastic Chain" Architecture, Aevo Updates …
Saturday, June 29, 2024
1. BLAST Tokens Now Available for Claim, Blur Season 4 Launches link On June 26, Blast announced on X that BLAST tokens are now available for claim, with users having 30 days to participate in the
🥛 Solana shock: First SOL ETF filing in the US rocks crypto world 💥
Friday, June 28, 2024
PLUS: 50 Cent to 0 cent, watch out for celebrity scams/rugs
No Bitcoin mention by Trump while Biden fails his ‘one job’ in first presidential debate
Friday, June 28, 2024
Crypto community left disappointed as candidates sidestep Bitcoin and digital assets in key debate. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏