Data from the Phoenix Group reveals that DMarket and Guild of Guardians achieved record monthly sales for NFTs, demonstrating consistent demand despite market fluctuations. DMarket led the pack with $37.29 million in sales and 440% monthly growth, thanks to its connection between gaming and blockchain. Guild of Guardians earned $13.01 million in sales but experienced a slight decline. Other popular collections in October included Bitcoin Puppets and Bored Ape Yacht Club, while CryptoPunks saw a sales decline. New collections like DogeZuki and Frogana also gained traction, indicating user interest in meme-based projects. Overall, the NFT market remains active, with October 2024 expected to be a crucial period for major collections.
Tether shifts focus to European, Middle Eastern and African markets in the face of US legal troubles