Another week total of red as the rate of Bitcoin and big altcoins plummeted. However, aside from rate movements, how has the cryptocurrency market place modified in excess of the previous week? Let’s critique the Kyros infographics!
one. Price movements in the final week (February 14 – February twenty)
two. The NFT continues to develop
two.one. The ideal NFT markets by thirty day trading volume
An indispensable contributor to NFT’s accomplishment appropriate now is the NFT trading platforms.
OpenSea has prolonged been thought of the biggest NFT market place with its large trading volume and diversity of digital collections. However, in accordance to the most recent information, LooksRare has grow to be the most significant title, regardless of quite a few dramas revolving all over this emerging platform.
two.two. The ideal NFT collections on the ideal blockchains
Let’s get a appear at the ideal NFT collections on today’s big blockchain platforms with Kyros! Will we see a alter of rank in this race in the coming weeks?
three. Development of stablecoins in excess of the previous yr
Stablecoins are an integral element of the cryptocurrency market place.
Although Tether (USDT) is even now the “king” of fiat-anchored stablecoins, additional and additional stablecoins seem with large development. Let’s appear at the leap in capitalization of UST, FRAX, BUSD, and so forth. with Kyros in the final yr!
In addition to common stablecoins, Stablecoin algorithm it is turning out to be the most preferred section nowadays. The Kyros Research crew has an in-depth examination right here:
four. Vietnam 2021 and expectations for 2022
four.one. Map of Blockchain and Crypto tasks in Vietnam
It is specified that 2021 will be a wonderful yr for the Vietnamese cryptocurrency market place. Let’s get a appear at this country’s blockchain and crypto tasks and appear forward to a further memorable yr for the crypto market in Vietnam!
four.two. Expectations of the Vietnamese local community in 2022
While in the to start with half of 2021 only practically forty% of respondents explained they have been new to the market place, this variety has now enhanced to practically 60%.
New NFT and GameFi trends are the most anticipated trends with in excess of 50% of respondents naming these two segments when asked about crucial trends in 2022, a staggering improve from a modest 18% in the to start with half of the 2021 survey.
Read the additional thorough report right here.
five. GameFi 2021 Overview Report
Before the Axie Infinity explosion, the idea of GameFi appeared and has existed for a prolonged time in the cryptocurrency market place but has not acquired substantially consideration from the local community. However, the summer time of 2021 is when GameFi asserts its place.
All of the over occasions have grow to be pieces of the puzzle in the appropriate area at the appropriate time, setting the stage for the accurate boom of GameFi in 2021.
Through the GameFi Market Report 2021, GameMarketCap and Ancient8 Team hope to give readers an overview of GameFi in 2021, GameFi in ecosystems, investment problem and services advancement. The core enterprise revolves all over this market place section, in distinct the Launchpad and Gaming Guild model.
six. Ecosystem Development Fund
seven. Cryptocurrency Exchange Sports Partners
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