Sotheby’s Auctions NBA Top Shot NFTs Amid Market Resurgence
- Sotheby’s is auctioning eight NBA Top Shot NFTs, valued between $500 and $3,000 each.
- The auction is part of a broader NBA memorabilia sale, with bidding open until January 21.
- Featured players include Jaylen Wells, Bub Carrington, Pacôme Dadiet, and Kyshawn George.
- NFT trading volume increased in December as some projects gained value.
- NBA Top Shot peaked at $226 million in monthly sales in February 2021 but fell to under $2 million last month.
Sotheby’s is selling eight NBA Top Shot NFTs as part of its memorabilia sale. The auction highlights a modest resurgence in NFT trading volumes, though the market remains far below its peak levels from early 2021.
