📊 Market Analysis: The AI Art Market

The article is a December 2024 market analysis of about 70 AI art collections, drawn from OpenSea data for the week of December 16 to 22, 2024, and it reports that the subset's market capitalization has grown sharply over the past three months. Total market cap rose by 7,600 ETH (about $50M), from 22,861 ETH to 30,424 ETH (about $103.4M). Trading volume over the last three months was 2,074.825 ETH (about $7M), and all-time volume stands at 42,030 ETH (about $143M). The average floor price rose from 0.710 ETH to 0.751 ETH, a 54% increase in USD terms that the author attributes partly to Ethereum's price rise.