{"id":8708,"date":"2022-02-24T19:21:58","date_gmt":"2022-02-24T19:21:58","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/crypto\/nft-projects-thrive-even-as-opensea-trading-volumes-take-a-hit\/"},"modified":"2022-02-24T19:22:00","modified_gmt":"2022-02-24T19:22:00","slug":"nft-projects-thrive-even-as-opensea-trading-volumes-take-a-hit","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/crypto\/nft-projects-thrive-even-as-opensea-trading-volumes-take-a-hit\/","title":{"rendered":"NFT projects thrive even as OpenSea trading volumes take a hit"},"content":{"rendered":"
Despite a number of attempted vampire attacks, <\/strong>nonfungible tokens (NFTs) continue to have a strong run on OpenSea, with the number of unique users and transactions increasing. However, the NFT market\u2019s overall volume is falling behind last month\u2019s figure of nearly $3 billion.\u00a0<\/p>\n While there are NFT projects readying to hit the secondary market, it seems the sector, as a whole, is navigating the next move regarding utility and the integration of NFTs in the metaverse. Adding to this, global political uncertainties are also having a noticeable impact on market environments. <\/p>\n Ether price has decreased by nearly 16% in the last 7 days, and since most NFT projects are on the Ethereum network, NFT collectors tend to remain unphased, shopping for NFTs at a bargain.NFT collection, Azuki made considerable impact in the last 30-days, amassing over 80,000 Ether ($209,100,216) and have knocked blue chip collections like Bored Ape Yacht Club (BAYC) and Crypto Punks from their top spots. Similarly, Invisible Friends\u2019 launch on Feb. 23, has already reeled in over $23.1 million with a floor price of 8.95 Ether ($22,010.74)<\/p>\n