Ethereum Name Service NFTs Overtake BAYC in Daily Trade Volume

2 years ago

Oliver Knight is simply a CoinDesk newsman based betwixt London and Lisbon. He does not ain immoderate crypto.

Frenzied buying of NFTs for three- and four-digit Ethereum Name Service (ENS) domains has caused daily commercialized volume to surpass that of the Bored Ape Yacht Club (BAYC) connected OpenSea.

  • Owners of ENS domains containing 4 digits oregon little summation introduction into an elusive backstage Discord transmission dubbed the 10kclub.

  • The existent level terms of three-digit domains is 6.5 ETH ($18,850), portion that for four-digit domains is rapidly approaching 0.5 ETH ($1,450).

  • ENS NFT commercialized measurement is up by 191.59% implicit the past 24 hours and 2,012% implicit the past week.

The Festival for the Decentralized World

Thursday - Sunday, June 9-12, 2022

Austin, Texas

Save a Seat Now

DISCLOSURE

The person successful quality and accusation connected cryptocurrency, integer assets and the aboriginal of money, CoinDesk is simply a media outlet that strives for the highest journalistic standards and abides by a strict acceptable of editorial policies. CoinDesk is an autarkic operating subsidiary of Digital Currency Group, which invests successful cryptocurrencies and blockchain startups. As portion of their compensation, definite CoinDesk employees, including editorial employees, whitethorn person vulnerability to DCG equity successful the signifier of stock appreciation rights, which vest implicit a multi-year period. CoinDesk journalists are not allowed to acquisition banal outright successful DCG.

Oliver Knight is simply a CoinDesk newsman based betwixt London and Lisbon. He does not ain immoderate crypto.

Oliver Knight is simply a CoinDesk newsman based betwixt London and Lisbon. He does not ain immoderate crypto.


Sign up for Valid Points, our play newsletter breaking down Ethereum’s improvement and its interaction connected crypto markets.

By signing up, you volition person emails astir CoinDesk merchandise updates, events and selling and you hold to our terms of services and privacy policy.

View source