OpenSea top-10 NFT projects soar as new liquidity enters the market

2022.04.25 21:22

OpenSea top-10 NFT projects soar as new liquidity enters the market

Spring is here and with it came a newfound awakening for nonfungible tokens (NFTs). In the last week of March, total sales volume rallied to $20 billion, but this metric took a dive from midApril to $17.6 billion.

However, on April 16, the newly landed Moonbirds NFT, pumped over $280 million worth of liquidity into the market and this, compounded with rumors of Yuga Labs’ Otherside land drop, sent the total volume sales for NFTs into a steady upward trend.

NFT 30-day market cap / volume. Source: NFTgo.ioMAYC 7-day market cap / volume. Source. NFTgo.ioMoonbirds floor price. Source: NFT Price Floor

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