Nansen: NFT prices are showing a horizontal trend, and the market supply and demand are comparable

特邀专栏作者

2022-09-06 12:30

This article is about 1251 words, reading the full article takes about 2 minutes

From a macro perspective, the market's overall interest and activity in the NFT field remains unabated.

Original compilation: 0x214, BlockBeats

The NFT market has been performing poorly since the beginning of the year. Nansen analyzed the NFT market trend and believes that: NFT prices are showing a horizontal trend, and the market supply and demand are equal. The value of community belonging and cultural identity of NFT is higher than practical value. Overall market interest in the sector remains higher than most periods in 2021. BlockBeats organizes and translates it as follows:

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NFT prices have fallen sharply year-to-date, but trended horizontally last week

From January 2022 to date, most Nansen NFT indices are trending down. The decline rate of u standard is 60-90%, and the decline rate of currency standard is 10-76%.

(The Nansen NFT index portfolio includes: NFT-500, Blue Chip-10, Social-100, Game-50, Art-20, Metaverse-20, etc.)

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NFT weekly trading volume is basically flat most of the time

However, the weekly transaction volume in the past three weeks has shown a slight growth trend, which is about 75,600 ETH. As of September 5, the weekly trading volume of sudoswap was about 4,500 ETH, accounting for 6%, an increase of 23%.

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The number of NFT weekly transactions and the number of weekly users fluctuate steadily

When the data of most NFT trading platforms showed a downward trend or remained unchanged, the number of x2y2 users and the number of transactions increased by 19% and 21%, respectively.

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The number of NFT single-day old players in 2022 is almost higher than all the data for the same period in 2021

On December 17, 2021, the number of NFT single-day veteran players reached a peak of 48,485 that year, while the current number of single-day veteran players in the market is 47,769.

From 2021 to 2022, the number of new NFT players in a single day will fluctuate within a certain range.

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The market’s interest and preference for a small number of projects has not diminished

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my personal opinion

The community affiliation, cultural identity attributes of NFT projects, and the consensus that has become a mainstream project are higher than any form of practical value. As crypto KOL Cobie said, the only truly scarce resource is attention. No attention = no value, and community = attention.

From a more macro perspective, the market's overall interest and activity in the NFT field still shows an upward trend.

In the market turmoil, except for a few well-known NFT blue-chip projects, the market's enthusiasm and interest have not diminished, and the liquidity and market interest of almost all other NFTs have suffered a huge blow.