- Azuki NFT -Handelsvolume rose by more than 100%in 24 hours, with a renewed demand and rising liquidity.
- Daily sales almost doubled, with strong copper activity that indicates a growing momentum in the Azuki NFT market.
The price of the Azuki Digital Collectible was again examined after a strong increase in the last 24 hours.
The last data from Coingecko show the average value of an Azuki NFT around $ 8,130.24, or approximately 1.78 ETH, an increase of 11.7% compared to the previous day.
Not only has the price risen, but the trade volume has also risen dramatically, an increase from 117% to $ 707,604, a figure that is rarely seen in recent weeks. This increase clearly indicates a strong increase in buying interest in the market.
Source: Coingecko
Rising activity highlights healthier market dynamics for Azuki
In the same period there were 88 registered turnover, an increase of 91.3% compared to the previous day. The average selling price also rose to $ 8,032.86, an increase of more than 13%.
Combined, these trends indicate that buyers are not only more active, but are also willing to publish more to acquire an Azuki unit.
The total market capitalization of this collectible is now $ 81.3 million. Of the 10,000 assets in circulation, approximately 4,299 are in the hands of unique owners, or 42.99%. This distribution of ownership is generally considered healthy for maintaining liquidity stability.
Interestingly, a few months ago CNF has taken up an increase in the Azuki trading volume of up to $ 29.3 million in a few week, an increase of 106% compared to the previous week. At that time, the number of unique owners was registered at 4,872. Although this figure differs slightly from current data, the Azuki community has proven to still have a solid fan base.
Moreover, collaborations in the industry also pay more attention. The Swiss luxury watchmaker H. Moser & Cie recently worked together with Azuki and the American retailer the 1916 company to release a limited-edition watch collection called The Elements of Time.
The 100-part collection was immediately sold out and generated around $ 2.7 million. Interestingly, the watches used an NFT system and digital twins for verification of authenticity, which shows how the physical and digital worlds can integrate seamlessly into the segment of luxury goods.
NFT -Market shifts the focus from speculation to real utility
Although some large collections decrease in September a decrease of 50-60%, the total NFT turnover still reached $ 551 million that month. This figure indicates that the NFT market still has a considerable profession, although the current trend emphasizes the usefulness of mere speculation.
By 2025, the NFT market is expected to have a market capitalization of almost $ 49 billion, indicating that the sector has not lost its relevance.
This situation offers a chance for Azuki. These collections are not only known for their visual attraction or popularity of the community, but also for their success in branching projects in practice that add value to their owners.