World

Eden

Punk

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/magic-edens-surge-in-nft-market-sales/" data-wpel-link="internal">Magic Eden’s Surge in NFT Market Sales</a><br></p>
<p style="text-align: justify"><a href="https://coin-turk.com/bitcoin-2023e-gidiyor-peki-fiyatlar-gercekten-dibi-gordu-mu-iste-beklentiler" data-wpel-link="internal">The cryptocurrency</a> world, influenced by the recent bull market, has seen Magic Eden, a significant <a href="https://coin-turk.com/spor-otomobil-ureticisi-ferrari-yeni-ortakligini-duyurdu-nft-sektorune-giris-yapiyor" data-wpel-link="internal">NFT</a> marketplace, draw all the attention with daily sales reaching $50 million. The success of <strong>Magic Eden</strong> is considered an indicator that the crypto community is turning its interest back to NFTs following the recorded sales numbers.</p> 
<h2 style="text-align: justify" id="magic-eden-and-the-nft-world">Magic Eden and the NFT World</h2> 
<p style="text-align: justify">The positive sentiment within the community peaked with the sale of <a href="https://en.coin-turk.com/yuga-labs-takes-a-stand-for-creator-royalties-in-nft-marketplaces/" data-wpel-link="internal">NFT</a> CryptoPunk 3100, valued at $16 million. This NFT’s recent sale for 4,500 <a href="https://en.coin-turk.com/top-crypto-analyst-warns-of-potential-deep-dive-for-bitcoin-and-ethereum/" data-wpel-link="internal">ETH</a> has opened the way for renewed focus on the sector.</p> 
<p style="text-align: justify">According to company CEO Jack Lu, Magic Eden’s recent daily sales reaching $50 million indicate a new wave of optimism in the NFT sector, which had significantly declined after the last bull run.</p> 
<p style="text-align: justify">In discussing past downturns, <strong>Jack Lu</strong> reminded that all great technologies were once dismissed as toys but later became powerful tools capable of changing the world.</p> 
<p style="text-align: justify">Additionally, CEO Lu celebrated Magic Eden’s ranking in a recent analysis by Tiexo (an NFT market analysis platform), where it held a 24-hour market size of $66.75 million, with Magic Eden accounting for $19.62 million and a 29% market share.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-323185" src="https://coin-turk.com/wp-content/uploads/2024/03/tiexo-jack-lu-coin-turk-com.jpg" alt="" width="541" height="689"></p> 
<h2 style="text-align: justify" id="the-sale-of-cryptopunk">The Sale of CryptoPunk</h2> 
<p style="text-align: justify">An incredible event took place recently within the bull market, where a significant transaction occurred. According to Etherscan data, an address named …C984017 purchased Punk 3100 for 4,500 <strong><a href="https://coin-turk.com/ethereum-eth-fiyati-icin-korkutan-tablo-siki-tutunun" data-wpel-link="internal">Ethereum</a></strong> (ETH) on March 4th, drawing the entire market’s attention.</p> 
<p style="text-align: justify">What sets Punk 3100 apart is that it is one of the nine rare blue alien punks. This sale, the second-largest for the blue chip NFT collection CryptoPunk, was interpreted as a true reflection of the bullish sentiment.</p> 
<p style="text-align: justify">Further investigation revealed that the same address had made two additional purchases totaling 4,250 ETH in the last few days. This activity is seen by some as a sign of the NFT bulls re-entering the stage, restoring confidence within the NFT community.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/magic-edens-surge-in-nft-market-sales/" data-wpel-link="internal">Magic Eden’s Surge in NFT Market Sales</a></h5>

Magic Eden’s Surge in NFT Market Sales

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