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Ethereum Name Service NFTs Overtake BAYC in Daily Trade Volume
The ENS NFTs have seen a surge in volume today as investors dive in to purchase three- and four-digit domains.
Updated Oct 20, 2022, 12:40 p.m. Published Apr 28, 2022, 3:44 p.m.
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Frenzied buying of non-fungible tokens (NFTs) for three- and four-digit domains has caused daily trade volume to surpass that of the Bored Ape Yacht Club (BAYC) on NFT marketplace OpenSea.
- One of the largest sales of all time has also taken place, with the 555.eth NFT being purchased for $158,000 worth of ether .
- Owners of ENS domains containing four digits or fewer gain entry into an elusive private Discord channel dubbed the 10kclub.
- The current floor price of three-digit domains is 6.5 ETH ($18,850), while that for four-digit domains is rapidly approaching 0.5 ETH ($1,450).
- ENS NFT trade volume is up by 191.59% over the past 24 hours and 2,012% over the past week.
Read more: NFTs Stolen After Bored Ape Yacht Club Instagram, Discord Hacked
STORY CONTINUES BELOW
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