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Are NFTs Back? Vitalik Buterin Mints 400 PatronNFT on Base

Author: Content Editor
The founder of Ethereum, Vitalik Buterin, has reportedly minted 400 Patron NFTs after transferring 32 ETH to Base. The Patron NFT project is linked to the Truemarkets Fair launch event, with over 40% of the TRUE token supply distributed to Patron holders during the token generation event. The sale of 15071 Patron NFTs is set at a minting price of 0.08 ETH per NFT, with each holder eligible to receive 666.67 TRUE tokens per NFT. The NFT market experienced a boom in 2021 but slumped due to market turbulence. However, experts believe that the trend will return with more sustainable projects, such as those embraced by brands like Nike and Puma. Ethereum's NFT sales volume has increased by 25.72% in the last 24 hours, while Solana has seen an 8.14% jump. In contrast, Bitcoin's NFT sales volume has dropped by 24.79%. It remains to be seen if Vitalik's activity will help revive mainstream adoption of NFTs.

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