Cryptocurrency News

Tumbleweeds blow through Coinbase NFT on its first day: Just $75K in volume

05/06/2022

Less than a minute

2022.05.06 06:45

Tumbleweeds blow through Coinbase NFT on its first day: Just $75K in volume

Coinbase (NASDAQ:COIN), one of the largest crypto exchanges by volume, opened its beta non-fungible token (NFT) marketplace to the public on May 4 with on-chain data showing a maximum of 150 total transactions on the day and $75,000 in USD volume.

The transactions captured by Dune Analytics show the total amount which took place through the 0x Protocol, the infrastructure behind Coinbase’s marketplace. Whilst not all transactions are guaranteed to be from Coinbase, since 0x announced its support for NFTs in January it has yet to announce any other partners apart from Coinbase.

Dune Analytics

05/06/2022

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