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NFT Market Data Today

In the last 24 hours, there’s been a 5.1% dip in non-fungible token (NFT) sales volume, now standing at $27,953,210 as reported by CryptoSlam.

However, amidst the decline, there are bright spots:

– The number of buyers has risen by 0.5%, sellers by 2.5%, and transactions by 6.5%.

– Most of the top 10 collections have experienced an uptick in sales, notably the Solana-based Tensorians, which surged by 258% to reach $747,594.

– The Uncategorised Ordinals continue to dominate, with a 15% increase in sales to $3.26 million.

– Following closely is the Bored Ape Yacht Club, boasting $1.05 million in sales after a 55% spike in a day.

However, not all collections saw gains:

– $JIGO BRC-20 NFTs saw a 45% decline to $907,682, and Gods Unchained Cards fell by 14% to $535,358.

In terms of blockchain performance:

– Ethereum leads with a 3% increase in sales, totaling $9.24 million.

– Bitcoin follows with $8.87 million in sales, marking a 23% decrease.

– Solana takes the third spot, with $5.8 million in sales and an 8.4% increase.

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I want to save money. Will cryptocurrency work?

Cryptocurrency is essentially virtual money that operates in a decentralized manner, not through a bank but directly on multiple independent computers.

Every cryptocurrency has two main components: the units of digital exchange called “coins” and the network within which the exchange takes place. These units can be transferred between wallets and exchanged on exchanges. The networks in which these coins exist are called blockchains, which translates to “chains of blocks.”

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