Reddit Avatar NFT Market Cap Exceeds $35 Million
Reddit Avatar NFT Market Cap Exceeds $35 Million
Since the launch of the collection in July 2022, over 10.6 million NFTs have been minted.
Cover/illustration via Cryptooshala
According to a report by BestBrokers published on February 22, the total NFT market capitalization of Reddit collectible avatars has exceeded $36 million.
Since the launch of the project seven months ago, more than 10.6 million NFTs have been issued. report.
December 2022 was the month in which the highest number of mints were registered, with $3.72 million. February 2023 and September 2022, following December in second and third place, with $2.11M and $1.26M, respectively.
These three months were also the time frame when the most significant unique user additions were recorded. According to the figures, the total number of minters has exceeded 10 million, and the number of collectible avatar owners has exceeded 7.18 million.
The collection’s most expensive sale took place on October 24, 2022, when a user paid 30 Ethereum (ETH) for an avatar named “Hands #1”. Electricity price The NFT is 150 ETH which is over $243,750 at the time of writing.
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