Terra NFT Market Sees Trading Spike Amid UST Collapse

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    Data aggregator Flipside Crypto says that the amount of NFTs traded every day on popular Terra marketplaces Random Earth, Knowhere, and Luart is at its highest level since March 1. On May 11, Terra’s NFT daily volume went up from 384,769 UST to 3.1 million UST ($2.1 million).

    May 11 was also the day when Random Earth and Knowhere had the most trades. Random Earth’s sales jumped from 11,000 LUNA to 438,665 LUNA ($485,263), while Knowhere’s sales reached 6,005 LUNA at the time the book came out.

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