The demand for non-fungible tokens (NFT) in the year 2020, has been exploding in the market. A week ago, at the time of the NFT sale, the volume of token <a href="https://news.bitcoin.com/nft-economy-grows-exponential-1m-in-non-fungible-token-sales-last-week/" target="_blank" rel="noopener">escalated</a> near $1 million dollars. 

During the sale, the Sorare fantasy soccer card game which is based on blockchain experienced its value reached over $221,000.
<h2>9,353 NFTs Sold</h2>
As per the report, in the present year, the demand for NFT is increasing substantially. The verifiable digital scarcity concept of the token has been experiencing a huge inflow of the funds to the industry.

According to the data released by nonfungible.com, a total of 9353 NFT tokens had been sold in the last seven days. Also, the trading volume of NFT reaches $988,649. 

As per the recent statistics, this week the average price of a single NFT has reached $105. 

The report further stated that after the last week’s sale Sorare, Cryptopunks and Superrare are considered to be the three biggest players in the NFT space. 

Sorare is a fantasy soccer game that allows the players to collect limited editions of it.

It is to be noted that during the last week’s sale the value of the token was $221,052.

Cryptopunks, which has 10,000 unique collectable characters, experienced its price after the sale of $182,619. Lastly, the value of Superrare, during the sale was $93,733.
<h2>Trending Artists After Sale</h2>
Additionally, it has been reported that to date, Superrare has sold rare digital artwork in 178 countries around the world. With the help of that sale, Superrare was able to generate over $565,000.

After the sale _totemical, godfreymeyer, sveneberwein, coldie and giantswan are considered to be the trending artists.

Notably, a lot of sale of NFT has happened because of Foam Signal, Decentraland, Makersplace, and so on.

One of the twitter users named @Dclblogger has recently talked about metaverse growth and NFTs catching fire. In his tweet, he mentioned that non-fungible space is interrupting a total of 25 industries.
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NFT Gains $1 Million In Volume In Last Week’s Token Sale

A week ago, the volume of Non-Fungible Tokens escalated near $1 million dollars during the sale, in which Sorare card game value reached over $221,000.

Jyoti is a graduate from GGSIPU and has done her PG Diploma in English Journalism from IIMC. Presently, she is working as a content writer with Agio Support Solution Pvt. Ltd. Her aim is to provide informative content about cryptocurrency and blockchain, to the tech-enthusiasts.

NFT Gains $1 Million In Volume In Last Week’s Token Sale

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