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“Base, Introduced” NFT in Coinbase L2 Network Surges to $3.04M Market Value

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It is reported that according to the latest data of nftgo.io, the market value of \”Base, Introduced\” NFT in the Coinbase L2 network has exceeded $3 million, re…

Base, Introduced NFT in Coinbase L2 Network Surges to $3.04M Market Value

It is reported that according to the latest data of nftgo.io, the market value of “Base, Introduced” NFT in the Coinbase L2 network has exceeded $3 million, reaching $3.04 million at the time of writing. The current floor price of “Base, Introduced” NFT is 0.0037 ETH, and the total transaction amount is about $1.13 million. Historical data shows that the market value of the “Base, Introduced” NFT series exceeded US $1 million for the first time on February 24, which means that the index has doubled in the past week.

The market value of the “Base, Introduced” NFT of the Coinbase L2 network has exceeded $3 million, which has doubled in the past week

Interpretation of the news:


The latest data released by nftgo.io indicates that the market value of “Base, Introduced” NFT in the Coinbase L2 network has reached an all-time high of $3.04 million. This surge in market value is a result of the increasing demand for non-fungible tokens (NFTs) in the digital art world. NFTs are unique digital assets that are stored on the blockchain and secured by cryptographic technology. They have become increasingly popular in recent years due to their ability to authenticate digital ownership and scarcity in the digital world.

The “Base, Introduced” NFT series, in particular, has gained significant attention from artists and collectors alike. The current floor price for the series is 0.0037 ETH, with a total transaction amount of approximately $1.13 million. This represents a significant increase from historical data, which shows that the market value of the “Base, Introduced” NFT series exceeded $1 million for the first time on February 24th, doubling in just one week.

This surge in market value can be attributed to the growing interest in NFTs as a legitimate art form. The rise of digital art has opened up new opportunities for artists to showcase their work and for collectors to invest in unique pieces. NFTs have also provided a new revenue stream for artists, who can now sell their work directly to collectors without the need for intermediaries. NFTs have also become popular among collectors, who see them as a way to own a piece of history and support artists they admire.

Overall, the surge in market value of “Base, Introduced” NFT in the Coinbase L2 network is a testament to the growing popularity of NFTs in the digital art world. As more artists and collectors embrace this new technology, we can expect to see more unique and valuable NFTs emerge in the future.

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