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BAYC Leads Trading Volume in the Blue-Chip Projects of the NFT Market in 2022

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On February 15, according to the 2023 NFT annual report released by NFTGo.io, BAYC had the largest trading volume of 639000 ETHs in the blue-chip projects that…

BAYC Leads Trading Volume in the Blue-Chip Projects of the NFT Market in 2022

On February 15, according to the 2023 NFT annual report released by NFTGo.io, BAYC had the largest trading volume of 639000 ETHs in the blue-chip projects that dominated the NFT market in 2022, accounting for 7% of the total trading volume. Otherdeeds and MAYC, both belonging to Yuga Labs, ranked second and third, accounting for 5.47% and 5.07% respectively.

NFTGo NFT annual report: NFT cleaning transactions accounted for 35% of the total transaction volume last year

Interpretation of the news:


The NFT market has risen to global prominence over the past few years due to the growing popularity of blockchain technology. Recently, the 2023 NFT annual report was released by NFTGo.io, which provides insight into market trends and dominant players in the industry. According to the report, Bored Ape Yacht Club (BAYC) has secured the top spot in terms of trading volume in 2022, with 639000 ETHs exchanged.

NFTGo.io is a platform that specializes in NFT data analytics, providing users with detailed information on transactions, volume, and other relevant statistics. The report highlights the top blue-chip projects that dominated the NFT market in 2022, with a particular focus on trading volume. BAYC accounted for 7% of the total trading volume, solidifying its position as the leader in the industry.

BAYC is a digital art project that features unique hand-drawn characters with a membership community, offering exclusive access to club events and merchandise. The project has gained considerable popularity among NFT enthusiasts, and the recent report by NFTGo.io indicates that it has also generated significant revenue in 2022.

The report also reveals that Yuga Labs, the company behind the popular NFT projects, Mutant Ape Yacht Club (MAYC) and other deeds (ODED), secured the second and third spots, respectively. MAYC accounted for 5.47% of the total trading volume, while ODED contributed 5.07%. Both projects have generated substantial attention from NFT collectors and investors alike.

Overall, the NFT market continues to witness significant growth and innovation, with various blue-chip projects competing for market share. The report by NFTGo.io provides valuable insights for investors and enthusiasts, highlighting the projects that have performed exceptionally well in terms of trading volume.

In conclusion, the recent 2023 NFT annual report by NFTGo.io reveals that BAYC continues to dominate the NFT market in 2022, securing the top spot in terms of trading volume. Yuga Labs’ MAYC and ODED were also noteworthy players in the market, occupying the second and third ranks, respectively. The report provides insight into the growing popularity of NFTs and the dynamic landscape of the industry.

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