Chain News by Thebittimes.Com

Join Our Telegram channel to stay up to date on breaking news coverage NFTs are back in action. The market has started to show signs of recovery – prompting more investors to finally look at NFTs as investments. And since the Ethereum’s Merge upgrade is about to arrive, it would be a great choice to keep an eye on these Non-Fungible Tokens. In this article, we are listing the top-selling NFTs by daily trading volume. 1. ABC (Abracadabra) For the lover of simple-yet-effective artworks, the number 1 NFT in terms of trading volume is ABC (Abracadabra). It is a collection of 10,000 immutable NFTs. It is a community-driven  NFT project with 0% royalty fees. The project currently has 2,300 owners and a total volume of 270.5k SOL, and the floor price is 77.77 SOL. The lowest-priced ABC is #152, priced at 77.77 SOL and the most expensive NFT of this collection is #7507, which is worth 1,234 SOL. The daily trading volume of this NFT is 66k SOL, a 77% increase in ...

Shiba Inu’s governance token Bone saw its trading volume dramatically spike 205% in the early hours of Thursday. Despite an increase in trading volume, Bone failed to spike in price and remained in the red the whole day. Bone’s spike in trading volume is due to investors taking an early entry position as it reached its weekly lows. Source: CoinMarketCap.com Also Read: Shiba Inu: Will Shibarium Burn 100 Trillion Tokens? Shytoshi Responds Why Is Shiba Inu’s Bone ‘Trading Volume’ Shooting Up? Source: Shibarium News Investors are buying the dips on Bone making use of the opportunity in the days leading up to Shibarium documentation. Bone is the governance token in Shibarium layer-2 network and would have use cases in the SHIB ecosystem. The Shibarium public beta testnet was scheduled to be launched in September but it is now delayed. Shiba Inu’s Bone is expected to shoot up in price when the team announces the launch of the Shibarium layer-...