Top China Coins Ready To Skyrocket

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The Securities and Futures Commission (SFC) of Hong Kong suggested on February 20 that a licensing system be established for cryptocurrency exchanges, and in the near future, it will permit ordinary individuals to trade major cryptocurrencies such as Bitcoin and Ethereum. This article discusses the leading Chinese Coins and explains why they are likely to experience a significant increase in value soon.  Super unique NFT collection #TokenPunkies Hong Kong’s Green Signal to Crypto Trading According to the statement, every centralized cryptocurrency exchange that operates in Hong Kong is required to obtain a license from the regulatory authority. Interestingly, it appears that the United States is not the sole global financial powerhouse capable of causing market turbulence.   As mentioned previously, the People's Bank of China, the country's central bank, infused $92 billion USD into the market on Friday, surpassing the ongoing quantitative easing measures of the US Fede
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NFT Sales Surge Over 43% in Past Week, Topping $397 Million

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According to statistics that were recorded on February 18th, 2023, sales of non-fungible token (NFT) assets in the past seven days have increased by 43.97% compared to the previous week. The total amount of NFT sales for this week was $397.86 million, and there were approximately 345,716 NFT buyers and roughly 1.62 million transactions.



NFT sales have continued to rise in 2023, with the past week seeing a significant surge. According to data from cryptoslam.io, NFT sales for the week were $397.86 million, representing a 43% increase from the previous week. The number of buyers has also grown by more than 77%, with a total of 345,716 NFT buyers.

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NFT Sales Continue to Rise in 2023, Ethereum Dominates NFT Sales with 90% Market Share

In terms of NFT sales on specific blockchains, Ethereum has dominated the market, accounting for more than 90% of the total sales with $360.32 million. This indicates that Ethereum is the blockchain of choice for those looking to buy and sell NFTs. These figures suggest that the NFT market is continuing to expand rapidly, with a growing number of people interested in buying and trading these unique digital assets.


The Ethereum blockchain was the top performer in NFT sales, with a total of $360.32 million in sales, which represents a 54.77% increase from the previous week. The sales of NFTs based on Solana blockchain followed with $18,790,359, which is a decrease of 7.47% from last week. In terms of sales over a seven-day period, Ethereum and Solana were the top performers, followed by Polygon, Immutable X, and Binance Smart Chain, in that order. These numbers indicate that Ethereum and Solana remain the most popular blockchain choices for NFT buyers and sellers, with other blockchains also seeing some activity in this space.

Otherdeed was the best-performing collection of non-fungible tokens (NFTs) this week, with total sales amounting to $47,043,296. Sales of Otherdeed's NFTs increased by 160.21% when compared to the previous week. The second, third, fourth, and fifth best-selling NFT collections this week were Azuki, Moonbirds, Mutant Ape Yacht Club (MAYC), and Bored Ape Yacht Club (BAYC). Azuki's sales increased by 174.98% this week, while Moonbirds' NFT sales rose by 502.43% from last week. These figures indicate that NFT collectors have shown a strong interest in these collections, leading to significant sales growth for some of them.


What is your opinion on the recent increase in NFT sales this week? Are you of the view that this trend will continue in the future? Kindly share your views in the comment section.

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