{"id":474423,"date":"2021-10-22T17:00:24","date_gmt":"2021-10-22T17:00:24","guid":{"rendered":"https:\/\/uniquehot.com\/?p=474423"},"modified":"2021-10-22T14:26:08","modified_gmt":"2021-10-22T14:26:08","slug":"17-hold-majority-of-nfts","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ethereum\/17-hold-majority-of-nfts\/","title":{"rendered":"17% Of Ethereum Addresses Hold Majority Of NFTs"},"content":{"rendered":"
Ethereum NFTs have gained the most clout in the crypto space. These NFTs have recorded sales of up to 69.3% for a single piece of artwork. Investors are moving towards owning NFTs as a form of long-term investment in addition to their cryptocurrency holdings. Although other blockchains are coming up where NFTs can be minted, the majority of it still happens on Ethereum.<\/p>\n
This is why investors have flocked towards non-fungible tokens minted on the blockchain. Its growing popularity has led to some striking similarities with the pattern of holding seen in cryptocurrencies. For example, the same way whales are a thing in cryptocurrencies, there are also NFT whales, and new data coming out of the market shows that whales are dominating NFTs the same way they dominate cryptocurrencies.<\/p>\n