Investigating herding severity in different NFT categories

【Author】 Mamidala, Vasanthi; Kumari, Pooja

【Source】FINANCE RESEARCH LETTERS

【影响因子】9.848

【Abstract】This study investigates unconditional and conditional herding behaviour in Non-Fungible Token (NFT) sales volume and whether NFT's popularity coheres with it. We find that herding exists in all NFTs except metaverse NFTs and is more significant in lower sales volume for game and utility NFTs. Furthermore, NFTs' sales volumes and popularity exhibit coherence. Overall, our findings provide valuable insights for investors and policymakers.

【Keywords】Non-fungible token; Conditional herding; Unconditional herding; Wavelet analysis

【发表时间】2023 DEC

【收录时间】2023-10-06

【文献类型】实证数据

【主题类别】

区块链应用-虚拟经济-NFT