Chain News Today TheBitTimes.com

The non-fungible token market recorded a remarkable resurgence in November, marked by a meteoric rise in trading sales volume and floor price values. The global NFT market has surged past $500 million, fueled by a resurgence in interest following Donald Trump’s recent re-election in the United States, among other factors. During his campaign, His Excellency Trump promised to tame the volatile crypto market, pushing more investors back to the NFT market. NFT Sales Rise By 50% In November 2024 Data compiled by CryptoSlam.io, an on-chain crypto market data aggregation platform designed to offer transparency for NFT collectibles across multiple blockchain and backed by prominent crypto billionaire Mark Cuban, shows that the global non-fungible token market has surged in sales volume in November. In the past 30 days, the global NFT market has attracted a trading sales volume of $562 million, representing a 50% increase from October 2024. In November 2024, the number of investor...

Heavyweight champion Oleksandr Usyk is helping launch a new NFT collection to raise money for Ukraine — and blockchain networks are being urged to get involved. A new nonfungible token collection is aiming to give a substantial contribution to a charitable foundation supporting Ukrainians following Russia's invasion. Blockasset says the NFT release has been organized in collaboration with world heavyweight boxing champion Oleksandr Usyk, who is from Ukraine himself. The sale comes ahead of Usyk's world title defence against Anthony Joshua on August 20. There are 2,000 one-of-one NFTs of unique artwork, and they feature quirky designs by the world-renowned artist Dosbrak — chronicling some of the key moments from the boxer's undefeated professional career. When the invasion began, Usyk had joined Kyiv's territorial defence battalion but was later given permission to leave the country so he could prepare for his fight against Joshua. The Olympic gold medalist also hopes ...