The NBA has gotten in the game with Top Shots, tokens bundled with collectible video “moments” like a LeBron James dunk, that are selling for hundreds of thousands of dollars.īelow you can see 'The First 5000 Days', the 1st purely digital NFT based artwork offered by a major auction house has sold for $69,346,250, the owner Beeple is considered as one of the top three most valuable living artists with his artworks in NFT platforms. Likewise, Twitter CEO Jack Dorsey sold his first tweet with an NFT for $2.5 million in a charity auction. Artists also started selling their artwork on NFT based platforms, Dragon the CryptoKitty continues to be one of the most expensive NFTs in the space, valued at 600 ETH. Celebrities and companies are already investing in NFT, Gucci started selling virtual sneakers for $12 and sports celebrities are selling their match clips for thousands of dollars. Like all assets we see that supply and demand are the main players for the prices in the market. The circulating supply is not available and a. The current CoinMarketCap ranking is 3152, with a live market cap of not available. Kitty Inu is up 115.62 in the last 24 hours. We update our kitty to USD price in real-time. If you traded it for a different card, you’d have something completely different. The live Kitty Inu price today is 0.000017 USD with a 24-hour trading volume of 269,716 USD. However, a unique trading card is non-fungible. Trade one bitcoin for another bitcoin and you’ll have exactly the same thing, likewise if a friend owes you $20, she can give you back another $20 bill, not that exact $20 bill. Past month the trade volume of NFTs reached a record high of 200 million USD and the volume and hype is getting higher day by day.įor example, we can say that a bitcoin or money is fungible. They are indivisible, indestructible and verifiable. Different than crypto currencies or physical collectibles NFTs contain unique information that make it both verifiable and distinct since each NFT can be traced back to the original issuer (Think of it like a festival ticket each with specific info like purchaser name). Non-fungible Tokens are digital assets that can range from collectible sports cards to virtual real estate. If you haven't already heard of it NFTs are gaining volume everyday.
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