Non-fungible tokens (NFTs) continued to report impressive trading volumes despite the broader cryptocurrency market being in a bear market. However, NFTs are just as volatile as other crypto assets, and an agile trader needs a reliable tool to access trading signals to make informed decisions.
According NFT Signals, some of the best NFT collections this week are Moonbats, which gained 690%. Asylum Halls is also one to watch, with a profit of 114%.
These signals are strategic for investors who do not want to trade NFTs blindly. To access quality signals, a trader can go to the NFT Signals website and select a package based on the number of signals they wish to receive each week and the amount of information they wish to receive.
Rise in NFT transaction volumes
Over the past seven days, NFT Trading volumes for some collections have increased significantly. CryptoPunks remains the most traded NFT, according to data from DappRadar. CryptoPunks’ trading volumes over the past seven days increased by around 24% to $23.6 million. During the same period, Yuga Labs Otherside NFT gained 109%, with trading volumes of $11.96 million.
The price floors of many NFT collections have been affected by the bear market that has rocked the crypto space for most of the year. NFT trading volumes have fallen, as have price floors for most NFTs. The volatility has made it difficult for new traders to learn about NFTs with promising returns.
One of the best things about NFT Signals is that it takes the hassle out of finding metrics from platforms like DappRadar. Trading Signals has combined all of this data to give you an easy way to know which NFTs you should add to your investing bag.
NFT Signals gives you all the data
To access quality NFT trading signals, you must choose between the three subscription plans offered. These plans are monthly (£50), quarterly (£75) and yearly (£250). After subscribing, you will get NFT buy and sell signals through its Telegram channel. You can then choose to execute trades based on the data provided.
Along with access to these trading signals, the platform also offers educational materials on its site as well as Q&A sessions in the VIP group. From the company Discord channel also provides additional details on how to use the platform.
NFTs have become a prominent asset class, and given that the future is looking towards Web 3.0 and cryptography offers, NFTs are positioned to make notable gains in the future. Therefore, as a first time investor in the space, you should jump into the NFT world by getting all the information under one roof, which is what NFT Signals offers.
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