More Than 332,000 Users Made NFT Traded On Polygon In The Previous Week

Key Points:

• In the last week, more than 332,000 people minted new NFTs or swapped old ones on the Polygon blockchain.

• The majority of the most expensive products purchased on Polygon in the previous twenty-four hours were Donald Trump trading cards.

According to Nansen, about 332,000 users have created new NFTs or traded on Polygon blockchain in the last week.

Based on information obtained from the Nansen platform, the majority of the priciest items traded on Polygon in the previous twenty-four hours were trading cards related to Donald Trump NFT Collection.

The statistics for each week have shown tremendous improvement as well. As can be seen in the illustration below, approximately 332,000 users have created new NFTs or traded on Polygon blockchain in the past week.

Former President Donald Trump NFT made available last week a compilation of 45,000 NFTs. The NFTs that were being traded on Polygon were quickly purchased up until they were sold out.

According to the information provided by OpenSea, the overall volume of the NFT Trump collection is 6332 ETH, which is equivalent to around $7.5 million.

The twelve most costly NFTs have valuations that range anywhere from 28.5k MATIC to 3.4k MATIC, which translates to approximately $22.8k to $2.7k USD.

In addition, the floor price is 0.344 ETH, which is equivalent to $406.74 USD. This is a fourfold increase in comparison to the original starting price of $99.

The reaction on social media suggests that Trump’s decision may be an attempt to combine the NFT fan contact with political activism in advance of the next presidential election. The most significant gain is accrued by the Polygon Network as a result of Donald Trump’s NFT collection being released.

In point of fact, both the total number of mints and the total number of users of Polygon OpenSea have reached their greatest point since November.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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