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DappRadar service experts spoke about the state of affairs in the non-fungible token (NFT) sector. They noted that the popularity of the Nike x RTFKT MNLTH digital collection has grown significantly over the past week, as of December 5, 2022.
Analysts emphasized: the volume of trading operations associated with this cryptocurrency meeting has grown by more than 1000% over the past 7 days. Representatives of Nike and RTFKT announced that the number 3 snapshot for the MNLTH series took place today at 17:00 Moscow time. Every collector who owns MNLTH series 1 and 2 will automatically receive MNLTH 3.
The collection of RTFKT NFT tokens allows numerous users to become part of the decentralized Internet and join the Web3 technology. The CryptoKicks logo and font are designed by Paul Nicholson, who is the designer of the Aphex Twin logo.
The popularity of the NFT collection, according to experts, is directly related to the launch of the Back2TheFuture Cryptokicks collection. The fact is that Nike decided to implement new sneakers with automatic lacing.
The seamless connection of the real world with the digital one is what the RTFKT developers are striving for. Earlier, they announced a new World Mergeing (WM) chip, which attracted the interest of investors. In addition, the Lace Engine technology will not only automatically lace digital sneakers, but will also work in a similar way in the real world.
The startup developers assured that they are striving to overcome the barrier between the metaverse and the real world. That is why collectors paid attention to this NFT product. As a result, the average item price, total trade volume, as well as the number of owners and total sales increased tenfold in the past 7 days.
Earlier, the editors of Crypto.ru reported on the main news of the NFT and GameFi sectors.
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