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Only a few tokens have captured attention as quickly and dramatically as SuperRare (RARE). Over the past week, SuperRare (RARE) has skyrocketed by 222%, a surge that has investors eagerly eyeing the next big opportunity in the market.
SuperRare's price experienced a sharp reversal due to profit-taking after the token's parabolic rise of over 500% between August 5 and August 15. The SuperRare (RARE) token retreated to $0.
RARE's Open Interest has climbed from around $3 million to $114 million at press time.
The altcoin leader, Ethereum price continues hovering close to its $2,500 level, indicating weak buying and selling pressure for this crypto token in the market. Notably, it is presently trading with a price tag of $2,584.36 and has a market cap of approximately $305 Billion.
SuperRare sees the lowest figures in monthly visits in June 2024 since 2021.
The NFT market is not doing well at the moment, but it is trying to reinvent itself.
TL;DR SuperRare's Expansion: Nonfungible token (NFT) marketplace SuperRare has expanded into the Bitcoin Ordinals ecosystem through a partnership with Bitcoin-based art platform Gamma. This move is part of SuperRare's strategy to become more multichain, moving beyond its initial focus on Ethereum.
SuperRare is expanding its presence in the Bitcoin Ordinals ecosystem.
SuperRare, a leading NFT marketplace, enters the Bitcoin Ordinals ecosystem with a collaboration with Gamma, offering artists new opportunities in the crypto art space.
SuperRare Labs' Zack Yanger said being able to help artists connect with a new class of collectors is “a massive win.”
Long-running Ethereum NFT art platform SuperRare is embracing Bitcoin Ordinals via a collection from artist Killer Acid in April.
Throughout the year 2023 told through a single digital butterfly.
Typically, "Golden Crosses" and "Death Crosses" are interpreted as reliable indicators of midterm market sentiment. A seasoned market analyst spotted a super-rare one and is sure that it will not leave the Bitcoin (BTC) price unaffected.
The curated NFT marketplace is running a two-month pop-up of 0x.17 gallery, beginning with a solo exhibition from artist Claire Silver about our future with AI.
The Web3 venture capital firm hopes to support early-stage DeFi and Web3 gaming projects and is also launching a tokenomics accelerator.
SuperRare co-founder Jon Perkins sat down with Decrypt's Dan Roberts at NFT Paris to talk about the debate over artist royalties, SuperRare's roots in catering to artists, and building through a bear market.
The NFT space is a much bigger picture than just the recent Blur versus OpenSea controversy, according to SuperRare founder Jonathan Perkins.
SuperRare is not the only company in the industry reducing its staff. In 2022, a number of industry players cut their workforce due to crypto winter conditions. As of January 5, 2023, as many as 26,964 crypto jobs have been lost.
Yet another round of redundancies will contribute to growing unease for those working in the crypto space, with little sign that the market will show improvement any time soon.
SuperRare, an NFT marketplace has announced that it will reduce its staff strength by 30%, becoming the latest company hit by the downturn in the crypto market. The news was made available to the general public via the official Twitter handle of CEO John Crain.
NFT startup SuperRare has started to take drastic measures in order stay in business in the face of an extended crypto winter, giving the pink slip to some members of its workforce.
The popular social NFT platform cited overly aggressive growth and over-hiring as the reason for the layoffs.
SuperRare, a non-fungible token (NFT) marketplace, has laid off 30% of its staff due to the prolonged crypto winter. CEO John Crain stated that the company overhired during the market boom, leading to unsustainable growth.
SuperRare, the non-fungible token (NFT) marketplace has decided to lay off 30% of the workforce, CEO John Crain announced. Crain in the screenshot on Twitter said he is taking full ownership and they over-hired.
