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Searches for the word "NFT" hit an all-time high on Google's browser, with nearly 400,000 users on the platform

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Will NFT pick up the DeFi craze?

Rhythm BlockBeats news, according to The Block Research, data collection, "NFT" (non - fungible token) is a word on Google search volume has reached a record high.  


The Google search heat displays a range from 0 to 100, where 100 is the maximum for a defined period of time. In the week beginning March 8, Google had 100 searches. The number of searches for "NFT" rose from 15 in mid-February to 64 in early March.  



 

This increase in interest is further evidence that the number of weekly users on the NFT platform is also surging, reaching an all-time high of 398,800 users in the week beginning March 8. Cryptocollectibles market NBA Top Shot accounts for the majority of the total with 379,000 users, followed by Etherium-based game Axis Infinity with 12,260 users.




Weekly volume on the NFT showed higher volatility, hitting an all-time high in the last week of February with $196.5 million worth of deals. NBA Top shots accounted for $125 million, while CryptoPunks on the NFT market accounted for $62.67 million.




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