Reddit NFTs have seen significant success in the last few days and achieved another milestone in the last few days, generating $2.54 million in sales.
The sudden spike represents a 1,000% increase in the sales volume within 24 hours. It also took the total sales for the Collectible Avatar to over $8 million from almost 28,000 sales.
The rise in the sales volume for Reddit Collectible Avatar NFTs comes despite a general decline in the crypto market. Roughly 40,000 PFP avatars were created by artists in the Reddit community NFT, while marketplaces like OpenSea have seen transaction volumes drop by over 90%.
Reddit NFTs: More Users Than OpenSea
With more crypto enthusiasts becoming interested in Reddit NFTs,…