CRYPTO DIGEST

🗓 Monday 18.04.22

📌 NFT trading volumes up 222%

According to IntoTheBlock, total NFT trading volume recently surpassed the 18 million ETH mark, or $54 billion in history. As of April 18 of this year, the global volume of non-exchangeable token transactions has grown from $16.94 billion as of January 1, 2022, to $54.58 billion, a 222.2% increase from the beginning of this year.

📌 The new NFT collection

South Korean automaker Hyundai announced a collaboration with the Meta Kongz project to create a limited collection of 30 non-interchangeable tokens.

The release is dedicated to the company’s first small car, the Pony. It will presumably take place in May. In an animated teaser Hyundai showed the model of two generations.

📌 The third most stablecoin

The Terra USD (UST) blockchain algorithmic stablecoin Terra (LUNA) flipped Binance USD (BUSD) to become the third-largest stablecoin on the market.

UST is a U.S. dollar-linked stablecoin that was launched in September 2020. Its minting mechanism requires the user to burn a reserve asset, such as LUNA, to mint an equivalent amount of UST.

🔥 Rate:

🪙 Bitcoin — $39 457,00 (-0,57%)

📈 S&P 500 — $4.405,60 (+0,30%)

🌕 Gold — $1.986,17 (+0,64%)

⬛ Oil Brent — $113,16 (+1,31%)