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The Status of the Current NFT Market Sentiment and Activity

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According to the report, according to NFTGo data, the current NFT market sentiment index is 44, and the rating is \”ordinary\”. In the past 24 hours, there are 1…

The Status of the Current NFT Market Sentiment and Activity

According to the report, according to NFTGo data, the current NFT market sentiment index is 44, and the rating is “ordinary”. In the past 24 hours, there are 18703 buyer addresses and 22474 seller addresses in the NFT market. The number of profitable addresses in the past 30 days was 117741, and the number of loss-making addresses was 374393.

The current NFT market sentiment index is 44, and the rating is “ordinary”

Interpretation of the news:


The report states that the current NFT market sentiment index is at 44, which is rated as “ordinary.” This means that there is no significant bullish or bearish trend in the market at the moment, and investors are not showing any particular excitement or pessimism towards the NFTs.

Furthermore, in the past 24 hours, there were 18,703 buyer addresses and 22,474 seller addresses in the NFT market. This high activity in the market indicates that there is a significant movement of NFTs taking place. It is noteworthy that the number of seller addresses is higher than the number of buyer addresses. This could imply that some investors are looking to take profit from their NFT holdings or that there is a supply surplus in the market.

The number of profitable addresses in the past 30 days was 117,741, whereas the number of loss-making addresses was 374,393. This suggests that the majority of the investors in the NFT market have not been able to realize gains on their investments. The high number of loss-making addresses could indicate that investors are unsure of the value of the NFTs or are not holding onto them for long-term gains.

Overall, the NFT market sentiment is average, and investor activity is high. However, the majority of investors have not been able to generate gains on their NFT investments. This could suggest that there is still much uncertainty surrounding the NFT market and its value proposition.

In conclusion, the current status of the NFT market is relatively stable, and there is no significant bullish or bearish trend in investors’ sentiments. However, investors’ inability to earn significant profits could signal weak market demand or value uncertainty.

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