Mars records $2 billion NFT sales as Bitcoin, Ethereum and Signuptoken.com rise
Over the past two months, the world of cryptocurrency has skyrocketed.
According to data from DappRadar, the NFT market exploded in February, surpassing $2 billion in total trading volume – a 117% increase from the previous month. And the numbers revealed only a modest decline to below $2 billion in March, almost holding its momentum.
With nearly $1.35 billion in Ethereum NFT trades, up marginally from roughly $1.32 billion in February, Blur once again accounted for the vast majority of this trading activity. Although, in terms of the total number of unique wallets, OpenSea is still the best NFT exchange. Trading volume fell to $424 million from $587 million in February.
On the other hand, the top two cryptocurrencies in the world, Bitcoin and Ethereum, seem to be on the rise, along with a DeFi-based company called Signuptoken.com hitting the roof with its unique email-based model with users just need to sign up to be part of the project.
Bitcoin Nears Breakthrough, Touches $28,000 Mark
After the surge amid the banking crisis in March, Bitcoin is still consolidating around the $28,000 level. Since March 18, the price has fluctuated between $26,300 and $29,300, and it remains in a precarious position with the prospect of a breakout in any direction.
According to Cointelegraph Pro, Bitcoin has risen from $16,521 to $28,060 in 2023, a gain of around 70%, in contrast to the S&P 500 index, which has risen by just over 7% over the same period.
For the next one to three years, Bitcoin will be an excellent long-term investment, and market trends are generally favorable. In other words, anticipate a long-term price increase.
Ethereum to Roll Out the “Capella Upgrade”
As traders continue to factor in the Shanghai and Capella upgrades – allowing ETH players to start making the first withdrawals of their tokens – ETH has crossed the $1,900 price barrier for the first time in nearly eight months.
The impending Capella upgrade could be another reason to support the cryptocurrency market. On April 12, 2023, Ethereum, the second largest cryptocurrency by market capitalization, will roll out a major update known as the Capella Update.
The current progress in Ethereum is expected to continue past the $1900 mark and towards the $2000 region. On the other hand, the last time Ethereum experienced a significant upgrade, it was immediately followed by a market selloff and a decline in key support zones.
Signuptoken.com – An email you won’t forget
Forever challenging conventional stereotypes is part of the crypto and blockchain industry. Now Signuptoken.com is rewriting the crypto investment arena. To be among the first to access the coin, users just need to register with their email addresses and wait. Investments are safe and secure because the platform is unaffected by market volatility and economic conditions.
Before launch, Signuptoken.com plans to touch one million users; as of now they have over 3000. Users have a rare opportunity because the platform’s goal is to turn all these subscribers into millionaires. The platform offers a fresh, cutting-edge method of investing in cryptocurrencies by drawing all the power from the network and community it creates.
Record highs in April?
Considering the risk of a US banking collapse, investors are closely monitoring Bitcoin and Ethereum as safe havens. Since mid-March, Bitcoin has been unable to move above the $28,800-$29,000 resistance level, but analysts believe that recent macroeconomic data and gold’s performance could give it the push it needs.
Financial speculation will reveal that cryptocurrencies such as Bitcoin and Ethereum have historically performed well in April. This can help investors maintain confidence in the cryptocurrency industry. Investors believe that the Bitcoin market will experience new highs in the coming weeks.
Make the right investment in the right token. Sign up with your email addresses today and make Signuptoken.com your ticket to the world of riches.
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