$Non-Fungible Token (NFT) (LIST2561.US)$$Bitcoin (BTC.CC)$ A...
$Non-Fungible Token (NFT)(BK2561.US$ $Bitcoin(BTC.CC$ As memecoin trading went viral, another formerly obscure corner of the crypto complex also grabbed the limelight.
Non-fungible tokens (NFTs) - strings of code stored on the blockchain digital ledger that represent unique ownership of artworks, videos or even tweets - exploded in 2021.
In March, a digital artwork by U.S. artist Beeple sold for nearly $70 million at Christie's, among the three most expensive pieces by a living artist sold at auction.
The sale heralded a stampede for NFTs.
Sales in the third-quarter hit $10.7 billion, up over eight-fold from the previous three months. As volumes peaked in August, prices for some NFTs rose so quickly speculators could "flip" them for profit in days, or even hours.
Non-fungible tokens (NFTs) - strings of code stored on the blockchain digital ledger that represent unique ownership of artworks, videos or even tweets - exploded in 2021.
In March, a digital artwork by U.S. artist Beeple sold for nearly $70 million at Christie's, among the three most expensive pieces by a living artist sold at auction.
The sale heralded a stampede for NFTs.
Sales in the third-quarter hit $10.7 billion, up over eight-fold from the previous three months. As volumes peaked in August, prices for some NFTs rose so quickly speculators could "flip" them for profit in days, or even hours.
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