• Home
  • About Us
  • Contact
  • Advertise
  • Awards
  • Privacy Policy
  • Twitter
  • Facebook
  • RSS
TheDomains.com

BI “NFT prices are worth less than half what they were in April, as the market has cooled”

May 19, 2021 by Raymond Hackney

NFT Market

Sophie Kiderlin published an article today at BusinessInsider.com that delves into the red hot NFT space.

Sophie writes that,volumes in dollar terms have since fallen to below $28 million on average in the past week from around $78.62 million a month ago, according to data from nonfungible.com.

The article mentions Mark Cuban of Shark Tank and NBA owner fame.

A piece of NFT art shown in Cuban’s collection on his NFT display platform Lazy.com has been on sale for over a month.

‘Nuevo Galaxy’, a “multilayered work in the spirit of the world beyond” created by AnnieMc was purchased by Cuban for 0.4 ether on the 13th of April. Cuban offered it over a month ago for 5 Ether – currently $17,562.95 – a mark-up of 1,150%, according to NFT sales platform OpenSea – but so far, it’s still up for sale.

Full story on BusinessInsider.com

NFT domain names continue to be sought after in domain wanted threads. An NFT related name NFTDEX.com (1 year old hand reg) was one of the top sales at Sedo this week.

Filed Under: Crypto Currency, NFT

About Raymond Hackney

Raymond is a writer, domain trader and consultant based in Pennsylvania. Raymond is the founder of 3Character.com and TLDInvestors.com.

« Sedo weekly domain name sales led by Balancer.fi
The reason why Exclusive.com was the right choice for Robin Weesie »

Comments

  1. Snoopy says

    May 19, 2021 at 1:46 am

    Market has been in decline for several months. Silly domainers still buying these names.

    • Alpha 8 says

      May 19, 2021 at 1:54 am

      The NFT market has not been in decline for months, April was on fire.

      • Snoopy says

        May 19, 2021 at 3:05 am

        The market peaked months ago, only fools buying in now.

  2. Jeff Schneider says

    May 19, 2021 at 4:31 pm

    Hello Raymond,
    Time for Legacy (.com EPA) holders to give back !

    We are feeling compelled to truly make a difference. We will be putting our money where our mouth is. Anyone who is a (.com EPA) holder) can contribute to our Global Warming Initiative (HelpRaiseFunds.com) please no contributions at HelpRaiseFunds.com till site is up!!! JAS 5/19/2021

    Gratefully and respectfully , Jeff Schneider.


Recent Articles

  • IONOS shares dip below IPO price in first day of trading
  • Sedo weekly domain name sales led by Payments.co
  • Bard will be Google’s answer to ChatGPT

Recent Comments

  • MarkMajor on Bard will be Google’s answer to ChatGPT
  • Brad on Bard will be Google’s answer to ChatGPT
  • BullS on Above.com brokers Palestine.com for a six figure sale
  • Charles on What is a fair sales commission rate?
  • zakaria on What is a fair sales commission rate?

Categories

Archives

Copyright ©2022 TheDomains.com — Published by Worldwide Media, Inc. — Site by Nuts and Bolts Media