NFT marketplace giant OpenSea is recording impressive numbers a few days into 2022, with the platform’s trading volume already at a whopping $2 billion.
OpenSea Heading Towards New Monthly Volume ATH
Data from Dune Analytics showed that the leading marketplace’s average daily trading volume so far in 2022 is over $260 million. While the monthly volume recorded in January has already surpassed $2 billion, the figure is yet to cross the all-time high (ATH) of over $3.5 billion reached back in August 2021.
Meanwhile, with the volume recorded just ten days into 2022, there is a possibility that January’s monthly volume could set a new ATH. The latest development comes shortly after OpenSea raised $300 million in a Series C funding round, led by Coatue and Paradigm.
The fresh injection of capital brought OpenSea’s valuation to over $13 billion, an astronomical rise from $1.5 billion recorded in July 2021. According to the platform, the $300 million will be used to achieve targeted o
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