Hadera’s Dead Pixels NFT Collection, Tops In Daily Sales Volume

byrn
By byrn
5 Min Read


The non-fungible token sector is taking an upside-down course again in August. Despite the NFT market experiencing a significant boom in 2021 and a subsequent dip in 2022, recent data suggests that the NFT market is regaining renewed interest among investors, with some analysts describing it as a more measured and focused comeback than the initial speculative frenzy. In recent days, the global NFT market is showing signs of a comeback, marked by increased trading sales volume, market capitalization and floor price.

Hedera NFTs Are On The Rise In August

In an August 21 blog post, Credible Crypto, one of the top crypto and non-fungible token analysts, with over 475K followers on X, has listed the top five non-fungible token collections by trading sales volume. Surprisingly, Dead Pixels Ghost, one of the undervalued non-fungible token collections on the Hadera network, has emerged as the fifth most-selling NFT collection in the NFT market, taking down leading NFTs like Milady Maker, Azuki and Mutant Ape in the non-fungible token market.

Launched in September 2021, Dead Pixels is a popular non-fungible token project on the Hedera network, also known as Dead Pixels Ghost Club. It’s a community-driven NFT project focused on digital art collectibles, built around the idea of playful creativity and humor. The NFT project utilizes the concept of “dead pixels” in a unique way, associating them with ghostly figures in their NFT collection.

Dead Pixels is a non-fungible token collection featuring a limited edition of 10,000 images of a 100×100 canvas, each having a single unique ‘Dead Pixels.’ The NFT project was built on Hedera, the blockchain network known for its high speed and low transaction costs. The Dead Pixels NFT collection was previously undervalued due to a combination of factors, including the general downturn in the NFT market and the broader challenges faced by some NFT projects.

Dead Pixels Flips Top NFTs In Daily NFT Sales

For the first time in four years, the Dead Pixels NFT collection has overturned top blue-chip non-fungible tokens in the NFT market in terms of sales volume. In the past 24 hours, the Dead Pixel NFT collection has amassed a trading sales volume of 1.6 million HBRA, taking the fifth position in the NFT market. Dead Pixels has done more volume today than any other NFT in the entire space, with the exception of Moonbirds, Pudgy Penguins, Bored Apes Yacht Club, and CryptoPunks.

During this period, Moonbirds, the NFT collection featuring a limited edition of 10,000, tops the NFT market chart, with 441 ETH. Pudgy Penguins, a NFT collection featuring a limited edition of 8888 NFTs, follows Moonbirds with 302 ETH. Bored Ape Yacht Club, an NFT collection featuring a fixed edition of 10,000 NFTs, ranks third, with daily sales volume of 149 ETH. Punks ranks fourth with a daily sales volume of 122 ETH. Dead Pixel’s appearance in the top five NFT market chart, is a testament that the NFT market is making a strong comeback in August.

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