- The Mythos NFT sales in 24 hours is more than $1 million, although there’s some decrease.
- The NFT sales volume in seven days is over $7.8 million, with over a 3% increase.
Sometimes, there are NFT projects and blockchains that pop up due to the massive innovation ongoing on the network. So, this also applies to Mythos as there’s an enormous increase in sales volume ongoing with the network.
What is Mythos?
- Mythos is a crypto project spearheaded by the Mythos Foundation. Furthermore, this crypto project claims they have the objective of democratizing the gaming world and allowing players and creators to participate in the value chain. They plan to do this by incorporating their native token, games, and the NFT sector. So, multi-chain ecosystems, unified marketplaces, decentralized financial systems, decentralized governance mechanisms, and multi-token game economies are the bedrock of this crypto project.
- The addition of the NFTs in this blockchain network is a huge part of it. Mythical Games is the initial contributor and supporter of Mythos. Furthermore, they are the ones that contribute to the use of NFTs in the Mythos ecosystem. MYTH is the native token of this crypto ecosystem. So, it is a native token that allows anyone to participate and contribute to the ecosystem. Users can also join in the decision-making process through governance.
Massive Increase in NFT Trading Volume on Mythos
- One of the noticeable improvements to the Mythos NFT ecosystem within the past seven and thirty days is the increase in the NFT sales volume. So, many trades are now engaging massively with trading NFTs in the Mythos ecosystem. One contributing factor to this is the sudden spike in their gaming ecosystem. So, a surge in the number of gamers also means an increase in NFT trading volume. One of the things to note is that all the games built on Mythical Platform have NFT assets with utility in the game. So, now there’s a massive increase in gaming activity, and there’s also an active usage of non-fungible tokens.
- According to data from CryptoSlam, Mythos is now the third blockchain in the rankings of NFT sales volume in the past seven days. In fact, in the 24-hour sales volume, it is second only to the Ethereum network. At the time of writing, the NFT sales volume of this blockchain in the past 24 hours is more than $1 million. Furthermore, in the past seven days, there’s an NFT sales volume of more than $7.8 million. The two metrics have an increase of -6.21% and 3.16%, respectively. Apparently, this is quite huge for Mythos and shows the massive growth on the network.
Conclusion
Mythos is a blockchain ecosystem that wants to change the NFT and gaming ecosystem. Recently, there was massive growth on the network with huge sales of NFTs. Each metric in the 24-hour and seven-day data shows a good amount of growth. It surpasses many other NFT networks like Polygon, Cardano, and BNB.
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The information provided in this article is for informational purposes only and should not be considered financial advice. The article does not offer sufficient information to make investment decisions, nor does it constitute an offer, recommendation, or solicitation to buy or sell any financial instrument. The content is opinion of the author and does not reflect any view or suggestion or any kind of advise from CryptoNewsBytes.com. The author declares he does not hold any of the above mentioned tokens or received any incentive from the company