NFT Market Review in February: The growth rate of market value has slowed down, and the transaction volume is 10.79 billion US dollars

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NFTGo
2 years ago
This article is approximately 150 words,and reading the entire article takes about 1 minutes
With the pace of the encryption market slowing down, we need to be good at discovering the next blue chips and market hotspots from the data.

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Data source: NFTGo.io

NFT Market Review in February: The growth rate of market value has slowed down, and the transaction volume is 10.79 billion US dollars

Data source: NFTGo.io

Data source: NFTGo.io

NFT Market Review in February: The growth rate of market value has slowed down, and the transaction volume is 10.79 billion US dollars

Data source: NFTGo.io

Data source: NFTGo.io

NFT Market Review in February: The growth rate of market value has slowed down, and the transaction volume is 10.79 billion US dollars

Data source: NFTGo.io

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NFT Market Review in February: The growth rate of market value has slowed down, and the transaction volume is 10.79 billion US dollars

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Liquidity performance

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NFT Market Review in February: The growth rate of market value has slowed down, and the transaction volume is 10.79 billion US dollars

Data source: NFTGo.io

percentage distribution

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NFT Market Review in February: The growth rate of market value has slowed down, and the transaction volume is 10.79 billion US dollars

Data source: NFTGO.io

In February, the Ukrainian crisis and geopolitics affected the market trend. During this period, the momentum of blue-chip NFT remained strong, and after a short-term decline, it rebounded again. This also confirmed the strength of blue-chip NFT-especially the higher rarity This is even more true for NFTs.

As early as when NFT was just born, the most popular NFTs were personal portraits (PFP) and collectibles. Now, the NFT market has transformed into metaverse projects and utility NFTs. This change has also greatly affected the NFT market. value. But what remains unchanged is that profits will not stay in a certain field forever. With the pace of the encryption market slowing down, we need to be good at discovering the next blue chips and market hotspots from the data.

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