Ethereum News Daily Official TheBitTimes.com

OpenSea, a non-fungible token marketplace once known as the market leader in the non-fungible token market, has returned to the top spot. In February, it emerged as the most-traded NFT marketplace in terms of users and trading sales volume. In the past 30 days, the OpenSea NFT marketplace has amassed a trading sales volume of over $211 million, taking 47.8% of the NFT market share. OpenSea Overtakes Blur In February 2025 Data compiled by nftpulse.org, a multi-chain non-fungible token collections explorer, shows that OpenSea was the most traded non-fungible token marketplace in February. From February 01 to March 01, the OpenSea NFT marketplace amassed a trading sales volume of $211 million, becoming the leading NFT marketplace in the NFT market. OpenSea has taken Blur, which took the lead in January 2025. Blur, another giant Ethereum-based non-fungible token marketplace, and OpenSea’s main market rival was the second most-traded in the global non-fungible token market in F...

The Magic Eden price plunged 50% in the last 24 hours to trade at $96,117 as of 11:04 p.m. EST on trading volume that skyrocketed to $4.2 billion. This comes after its debut experienced unforeseen issues as the non-fungible token (NFT) platform’s users complained of a buggy mobile app and an overly complex claiming process. my app is stuck, can't claim, people dumping ME like hot cakes. Awesome — 🦸‍♂️ Papii 🦇🔥 (@OneAndOnlyPapii) December 10, 2024 Magic Eden Price Currently On A Bearish Trend After its launch, the Magic Eden price dropped to as low as $4.4, making this level a formidable support zone, according to data from GeckoTerminal . However, the bulls then took control of the price at this level, pushing the price of Magic Eden up, completing a rounding bottom pattern However, the Magic Eden price then invalidated the bullish sentiments of the rounding bottom pattern as it plunged back to the $5.4 level. Meanwhile, the ...