Reddit NFTs Surge as Mainstream Traders Sweep Collectible Avatar Collections

According to data from secondary non-fungible token (NFT) marketplace OpenSea, Reddit NFT collections edged out popular blue chip projects over the past several hours. Spooky Season, a series of collectible avatars created by Reddit user poieeeyee, currently has a trading volume of 538 ETH (approx. $760,000) – putting it just behind the reigning NFT collection Bored Ape Yacht Club at 642 ETH (approx. $906,000). According to OpenSea, the Spooky Season collection experienced a 121% increase over the past 24 hours.