With the introduction of DegenKnows, the Opera Cryptocurrency Explorer added support for the NEAR Protocol (NEAR), Elrond (EGLD), and Fantom (FTM) blockchains, in addition to the several other networks previously incorporated, such as Ethereum, Bitcoin, Polygon, BNB Chain, and others.
The new Opera tool intends to make it easier for users to traverse NFT projects and access social media community information.
DegenKnows aims to give consumers off-chain information from social media platforms such as Twitter and Discord, in addition to frequent on-chain data analysis of specific transactions. Users may view the official accounts and important Twitter feeds for the project. The platform examines the team behind every NFT initiative, including the quantity of genuine fans, followers, and mentions throughout 24 hours on social media.
DegenKnows asserts that its "Smart Filter" feature enables customers to exclude projects that wash trade, airdrop, relocate, or are fraudulent. This most recent offering takes use of the ongoing non-fungible token boom, which has seen recent instances such as Reddit NFT, which generates $2.5 million in daily trading volume. A new NFT collection, Art Gobblers, has had a trading volume of 9,660 Ethereum (more than $15 million) since issuing on Monday night, as per statistics from OpenSea.
Susie Batt, cryptocurrency environment lead at Opera, stated in a press statement that with DegenKnows, the organization is providing customers with a unique tool to discover and comprehend the NFT world and potentially find the next great initiative ahead of others. According to the statement, all Opera browser customers are granted free premium membership to DegenKnows, whereas non-Opera users can view a brief trial version that will be accessible till the end of 2022.