Recently, Green Capitalz is proud to announce the launch of NFT Trading on its trading platform. The market comprising of Non-Fungible Tokens (NFTs) succumbed a major slump at the beginning of the year 2022. However, the market is getting back on its track steadily, especially at the trading platform of Broker Green Capitalz. CEO of Broker Green Capitalz namely Manuel Merkel made a statement that “It has been a while that NFT market has not been able to reclaim what it had lost since the beginning of preceding year. Still, the market has to cover almost 50% of its value which prevailed in the initial days of January 2022 when an expected slump took over the industry. At least we are observing a significant expansion in the NFT offering at our trading platform.“
The CEO was of the considered view that NFT market is rebounding back towards its January value steadily. According to the CEO there has emerged new line of NFT products in the market along with a few new initiatives. He is sensing a great revival of the market considering the new line of products and fresh initiatives which will eventually restore the lost enthusiasm.
Considering the present NFT market conditions, the weekly sale and trade volume of NFTs is surging. By this time, the volume has increased at least by 50% of the volume which existed in January 2022.
Earlier in the month of January, the overall sales in NFT market as well as at the trading platform of Broker Green Capitalz was at its peak. The huge influx at that time was brought in by massive sales comprising of millions of dollars and the collaboration of globally renowned celebrities joining the NFT ecosystem. However, a major slump hit the digital asset industry in the month of November, 2021. It was expected at that time that the crypto market slump will immediately take over NFT market as well. But the NFT market resisted the slump and eventually the slump took over NFTs sales at the beginning of 2022.
In the words of Broker Green Capitalz CEO, the sales volume of NFTs have rebounded back by at least 32% in the world. As regards the recovery of sales at the platform of Broker Green Capitalz, he suggested that the recovery can easily be averaged in between 36 to 40%.
According to the Blockchain Data Analysis firm, the NFT market still remains a very small market considering the crypto market. However, quick recovery is taking place, especially because many new NFT projects are emerging. Their collection has been appreciated by market analysts, who believe that the current uptick in the NFT market is evident.
As per the present market analysis of Broker Green Capitalz, the increase in NFT sales will continue to grow significantly. The fact of this significant increase can also be witnessed through the Ethereum Blockchain. For example, the NFT sales volume at Ethereum Blockchain has instantly increased by at least 30% since last week. Similarly, a significant increase of 40% roughly in NFT sales has also been witnessed by globally renowned crypto firms, including Broker Green Capitalz.
The CEO of Broker Green Capitalz stated that the recent slump in the NFT market left everyone wondering. The investors were especially concerned about whether the industry would be able to come out of the slump quickly or not. Fortunately, this is not the case, and the investors’ interest is still intact, said the CEO.
So far, the NFT market has seen sales exceeding US$ 982 Million approximately since last week. However, the credit goes to those new emerging collections that took the NFT sales volume by surprise. At present, the price of NFTs is quickly rising. As a matter of fact, thousands of people buy and sell millions worth of NFTs each day.