Pudgy Penguins Soars Past BAYC, Claiming Second Spot in NFT Rankings

Pudgy Penguins, the prominent NFT collection, has achieved a historic milestone by surpassing Bored Ape Yacht Club (BAYC) to become the second-largest NFT project by market capitalization. The collect...

NFT volume hits 6-month high, but still 90% down from 2021

Homepage > News > Business > NFT volume hits 6-month high, but still 90% down from 2021 Non-fungible tokens (NFTs) made a comeback in November after dipping for seven consecutive months, hitt...

NFT Market Witnesses Weekly Sales Volume of $187M in December

September had the lowest monthly sales volume of NFTs since 2021. The best week of November was surpassed in the first week of December. Among the biggest digital collectible blockchains in terms of s...

Pudgy Penguins NFT price surpass Bored Ape Yacht

Pudgy Penguins surpassed the phenomenal Bored Ape Yacht on Ethereum price for the first time. This surged amid the NFT’s native token, which would be released in the short term. Pudgy Penguins price o...

Brooklyn DA Disrupts Fraudulent NFT Marketplace Network Following $135,000 Scam Targeting Artists

An alarming trend in the cryptocurrency world has emerged as a network of fraudulent NFT marketplaces has been dismantled following a significant scam targeting an elderly artist. This crackdown, init...

Ethereum NFT Sales Surge as Pudgy Penguins and CryptoPunks Lead Market Recovery

Ethereum continues to dominate the NFT market with impressive sales figures, signaling a resurgent interest in digital collectibles. In the first week of December, the NFT market saw a significant upt...

Ethereum NFT Trading Volume Surges 52.77% as Market Rebounds to $1.884 Billion

COINOTAG News reported on December 8th that recent data from Cryptoslam indicates a robust recovery in the NFT market. Over the last week, the NFT trading volume surged to $1.884 billion, reflecting a...

NFT sales surge 34%, Ethereum network enjoys sales spike

The non-fungible token, or NFT, market has shown decent growth amid Bitcoin’s historic breakthrough exceeding $100,000. The surge in cryptocurrency prices continues as Ethereum (ETH) strengthens its p...

Pudgy Penguins NFT Project Set to Release Pengu Token on Solana

The Pudgy Penguins NFT project is set to unveil its own cryptocurrency, Pengu, later this year, as revealed in a Thursday post on X. The Pengu token will be launched on the Solana blockchain, with a t...

Brooklyn Prosecutors Target NFT Scammers Mimicking OpenSea in Artist Fraud Scheme

Brooklyn prosecutors have undertaken a major crackdown on fraudulent NFT sites following a significant scam that cost an elderly artist $135,000. These scammers are preying on vulnerable artists with ...

NFT Estate Slice Introduces Blockchain-Based Fractional Property Ownership

Advertisement &nbsp &nbsp Location – December 6, 2024 – NFT Estate Slice, a blockchain-based platform, has launched its innovative ecosystem to make property ownership more accessible. By leve...

Pudgy Penguins to Hatch a ‘Master Coin’ On Solana as NFT Floor Prices Surge

Pudgy Penguins, the third-largest NFT collection by market capitalization, announced Thursday evening that it’s launching a new token called PENGU on the Solana blockchain before the year ends. ...

Will PENGU Token Launch Boost Fortune for Top NFT Pudgy Penguins?

Popular NFT brand Pudgy Penguins announced the launch of its native PENGU token on the Solana blockchain by the end of 2024. This could be a pivotal moment for the NFT brand which has been lately stru...

Why is the NFT market reawakening: Pudgy Penguins floor rises to a new record

The NFT market is reawakening and projects are trying to reinvent and rebuild their appeal. The Pudgy Penguins NFT collection broke out, reaching a new floor price record. Pudgy Penguins set the stage...

NFT market rebounds with 22% volume surge in November despite declining sales, data shows

After months of slowdown, the NFT market now shows signs of recovery with a 22% increase in trading volume as of November, boosted by prices and high activity in blue-chip collections. The market of n...

Lifestyle app STEPN GO expands Adidas partnership with physical NFT sneakers

Adidas and STEPN GO introduce 1,200 limited-edition Ultraboost 5 sneakers, available exclusively to NFT holders. STEPN GO, a new version of the move-to-earn game Stepn, has teamed up with the internat...

Pudgy Penguins NFT Collection Launches PENGU Token on Solana Amid Surging Floor Price and Market Momentum

The Pudgy Penguins NFT collection capitalizes on crypto market momentum with the launch of its PENGU token on Solana, marking a significant evolution in the NFT space. As the project’s floor price sky...

NFT Sales Reach $562 Million in November Amid Market Recovery and Project Changes

The landscape of non-fungible tokens (NFTs) is witnessing a resurgence, with November marking a significant uptick in sales, totaling $562 million. This revival comes amid notable developments, includ...

ApeCoin Price Prediction as Yuga Labs Strengthens NFT Ecosystem with Tokenproof Acquisition

Yuga Labs, the blockchain company behind Bored Ape Yacht Club (BAYC) and ApeCoin (APE), has made a significant move to enhance its NFT ecosystem by acquiring Tokenproof’s tech team. This acquisition n...

Nike-Owned NFT Sneakers Pioneer RTFKT to Cease Operations

The company announced its plans to cease operations by January 2025. In December, RTFKT will issue its last collection, the MNLTH X. The closure of RTFKT has been announced. RTFKT was the creators of ...

Hackatao launches an NFT collection of stamps

For the Crypto Art section, the announcement of the new NFT collection by Hackatao of stamps inspired by Sissi and Franz Joseph I of Austria cannot be missed. The project will be released on December ...

Nike-Owned NFT Project RTFKT to Shut Down Operations in Early 2025

RTFKT, the creators of non-fungible token (NFT) sneakers and avatars acquired by Nike in 2021, has announced its closure. The firm revealed in a December 2 post on X that it will wind down operations ...

Fan Tokens May Revolutionize Sports Engagement, Outpacing NFT Trends in Blockchain Adoption

Fan tokens are revolutionizing sports engagement, outperforming NFTs and fostering unprecedented interaction between teams and their supporters. As the cryptocurrency market evolves, fan tokens are em...

Yuga Labs acquires tokenproof to drive NFT innovation

Yuga Labs has acquired web3 tokenization provider tokenproof. Through the integration, the blockchain hopes to drive crypto and NFT adoption. In a recent X post on Dec. 3, tokenproof founder and CEO, ...

Yuga Labs Enhances NFT Accessibility Through Acquisition of Tokenproof Tech Team

The recent acquisition of Tokenproof’s tech team marks a significant step for Yuga Labs in enhancing utility and accessibility for NFTs in the Web3 ecosystem. This strategic move aims to bolster Yuga ...

Nike NFT Project Will Shut Down Completely By 2025

Key Points: Nike NFT project RTFKT will cease operations by January 2025, though its Ethereum-based tokens will remain accessible. RTFKT plans to launch an updated website showcasing its groundbreakin...

Nike-owned NFT pioneer RTFKT to shut down operations by January

The virtual sneaker and fashion brand RTFKT will wind down its operations by January 2025 as Nike restructures under new CEO Elliott Hill. However, despite the closure, the brand’s Ethereum tokens wil...

Nike’s RTFKT Considers Closure Amid NFT Market Challenges and Shift to Physical Products

RTFKT, the innovative NFT sneaker brand acquired by Nike, is set to cease its Web3 operations by January 2025 amid significant NFT market downturns. Nike, under new leadership, is pivoting towards tra...

RTFKT Shuts Down as NFT Decline Shifts Nike’s Priorities

RTFKT, the NFT-based virtual sneaker company acquired by Nike in 2021, has announced plans to shut down its operations. This decision is likely driven by the continued decline in NFTs over the past tw...

Nike Is Killing Its Ethereum NFT Sneaker and Avatar Company RTFKT

RTFKT, a digital fashion and technology company that was acquired by Nike in 2021, is shutting down. “Today we’re announcing the plan to wind down RTFKT operations,” the company said in a statement on...

RTFKT’s Clone X NFT Floor Price Plummets to 0.29 ETH Amid Operational Cessation

In a recent update from COINOTAG on December 3rd, the NFT landscape has witnessed a significant downturn, particularly with RTFKT’s Clone X series. Current market evaluations show that the **floor pri...

nike-owned rtfkt to shut down platform: Big Blow To NFT!

In the shocking event, Nike-owned RTFKT, a digital collectibles and sneakers platform, announced on December 2 that they would “wind down” operations by January 2025, leaving NFT holders in the lurch....