“Base” NFT Market Value Reaches $1 Million on Coinbase L2 network

02/25/2023 03:46 • Blockchain Buzz • 136 views

It is reported that according to the latest data of nftgo.io, the market value of “Base” NFT in the Coinbase L2 network has exceeded US $1 million. At the time of writing, the floor price of “Base” NFT was 0.0049 ETH, and the market value has risen to US $1.4 million. The current total transaction amount is about US $700000.

The market value of the “Base” NFT of the Coinbase L2 network exceeded US $1 million

Interpret the above information:

The latest data from nftgo.io reports that “Base” NFTs on the Coinbase L2 network have surged to a market value of over $1 million. “Base” NFTs are unique digital assets that are built on the Ethereum blockchain and are designed to be highly secure and scalable. They have been gaining popularity in recent months due to their ability to provide a new way for creators and collectors to showcase their artworks and other unique digital content.

At the time of writing, the floor price of “Base” NFT was 0.0049 ETH, which is equivalent to approximately $11. The fact that this relatively small amount has been able to drive the market value of “Base” NFTs to over $1 million is a testament to the power and potential of these unique digital assets.

One of the key reasons for the surge in popularity of “Base” NFTs is the fact that they are built on the Coinbase L2 network. This means that they are highly secure and can be easily traded and exchanged between users without the need for intermediaries or other third-party services. In addition, the low transaction fees associated with the Coinbase L2 network make it a highly attractive option for creators and collectors who want to buy, sell, and trade “Base” NFTs.

The current total transaction amount for “Base” NFTs on the Coinbase L2 network is approximately $700,000, which is a clear indication of the strong demand for these unique digital assets. As more creators and collectors discover the benefits of “Base” NFTs, it is expected that the market value of these assets will continue to rise.

Overall, the surge in popularity of “Base” NFTs on the Coinbase L2 network is a clear indication of the increasing demand for unique digital assets in the current market. With their highly secure and scalable design, “Base” NFTs are poised to become a key player in the world of online art and digital content.

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“Base” NFT Market Value Reaches $1 Million on Coinbase L2 network

The market value of the “Base” NFT of the Coinbase L2 network exceeded US $1 million

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