The Traderszone Network

Published in TZ Latest News 26 December, 2021 by The TZ Newswire Staff

Should investors care? 80% of all NFTs belong to 17% of addresses

In October cryptocurrency analytics company Moonstream released data about the real state of the NFT market, reporting that from April through nearly the end of September 16.71% of all NFT holders on Ethereum owned 80.98% of all NFTs. The company analyzed more than 700,000 addresses and more than 7 million tokens. Therefore, the sample size for this study cannot be considered insufficient to understand the situation in the NFT market.

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