Reddit NFT Avatars rising in the down market – Katoch Tubes
Reddit NFT Avatars A success story
Reddit NFT Avatars A success story
About Reddit
About Reddit
Reddit is American based discussion website. Much like
a forum for social news aggregation and related topics. It was founded in 2005
Reddit NFT Avatars
Reddit NFT Avatars
In July, Reddit released plan for blockchain based Avatars on Polygon chain which can be used as profile pic and has other features.
Skyrocketing Demand
Skyrocketing Demand
Within 3 months of inception. The demand has skyrocketed & reached $5 million in the secondary market.
Whales Ownership
Whales Ownership
Acc. to Dune Analytics, 3.82% of the Reddit Collectible Avatars are owned by whales.
Overall NFT market
Overall NFT market
Meanwhile, the NFT market
is crushed in the bear cycle. OpenSea recorded massive decline in daily transaction.
About Reddit Avatars
About Reddit Avatars
Swipe Up to read more about the NFT Avatars by Reddit
Learn more
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