Nonfungible token (NFT) trading volumes on OpenSea have been surging in January amid a renewed speculative frenzy on Yuga Labs’ “Bored Ape Yacht Club” (BAYC) and “Mutant Ape Yacht Club” (MAYC).
According to data posted by Rchen8 on Dune Analytics, OpenSea has generated more than $700 million worth of trading volume since the start of 2022, with Monday being the biggest day of the year with a whopping $255.8 million worth of 24-hour volume.
Bored Ape mania
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Read More:OpenSea NFT trading volume surges as Bored Ape mania intensifies By Cointelegraph