Polygon (MATIC) Price Rally Soon: What’s With The Unusual NFT Trading Volume?

Polygon (MATIC) Price Rally Soon: What’s With The Unusual NFT Trading Volume?

Polygon’s (MATIC) NFT market is presently going through a period of considerable increasing acceptance. This can be attributed to the company’s cooperation with noteworthy businesses like Reddit and more recently with the launch of the former U.S. President Donald Trump’s NFT Trading Cards.
Polygon Pushes To #2
Currently, as per the NFT data aggregator Cryptoslam, the Polygon blockchain is trading just second to Ethereum in NFT trading volume and ranks tenth by overall market capitalization.
Read More:  Polygon’s First Set of Web3 Music NFTS to Launch in Jan 2023
According to statistics obtained from the blockchain analytics platform Nansen, the number of first-time and returning purchasers each day in Polygon’s non-fungible token (NFT) market set new all-time highs during the last month of the year.

Read More: What is Polygon Blockchain? How Does MATIC Works And Why It Matters
This was the case despite the ongoing crypto winter and the fact that NFT ecosystems on other ch

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