Welcome to the latest edition of Cointelegraph's Nifty Newsletter, which provides the latest news and insights on non-fungible tokens. This week's newsletter covers a DappRadar report that shows 2024 was the worst year for NFTs since 2020, the 13% increase in the floor price of CryptoPunks NFTs due to rumors of an IP sale, and Indian Railways' partnership with Chaincode Consulting to issue NFT-based train tickets for the MahaKumbh Mela festival. According to the DappRadar report, NFT trading volumes and sales counts fell by 19% and 18%, respectively, in 2024 due to rising token prices and market volatility. The partnership between Chaincode Consulting and Indian Railways aims to provide a digital-first experience for passengers traveling to the Mahakumbh.
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NFTs Had Their Worst Year Since 2020, CryptoPunks NFT Floor Price Spikes, Indian Railways to Issue NFT Tickets for Festival
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