NFTs Refuse to Slow DownAug 19, 2021
July was the month of NFTs. Marketplaces hit all-time volumes, new projects attracted millions in capital — even older projects started to show signs of life as people turned their attention to the NFT space.
Interestingly, the projects that were set up just before the NFT mania kicked in were set up perfectly to capitalize on this rush. Bored Apes, Meebits, and Veefriends fall into this category while ArtBlocks just blew up out of nowhere. Not pictured in this chart is CoolCats, which is up 4500% (45x) over the same time frame.