Wassieonmonad NFT Collection Records $185K MON Trading Volume on Launch

The new NFT project, created by Wassie and Inversebrah on the Monad blockchain, has reached a $531K market capitalization within its first day of trading.

Summary

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Terms & Concepts
  • NFT (non-fungible token): A unique digital asset stored on a blockchain, often representing art, collectibles, or virtual items.
  • Monad blockchain: A blockchain network designed for decentralized applications and digital asset transactions.
  • Market capitalization: The total value of a cryptocurrency or token, calculated by multiplying its price by the circulating supply.