NFT sales drop to $77.6m, Bitcoin network leads in weekly surge

 


NFT sales drop to $77.6m, Bitcoin network leads in weekly surge


The non-fungible token, or NFT, market has witnessed a 4.16% plunge in sales volume over the last seven days.

Here’s a breakdown of the latest data from Cryptoslam:

  • NFT sales volume dropped in the last seven days and stands at $77.6 million — lower than weekly NFT sales in the previous week.
  • NFT buyers dropped by a considerable 66.81% to 263,804 from last week’s 794,763
  • NFT sellers fell to 121,399, depicting a 67.87% drop.
  • NFT transactions were down by over 13.78% in the last seven days to 1,662,101.
  • Ethereum Ethereumeth0.23%Ethereum stands first in terms of sales volume. However, the Bitcoin Bitcoinbtc-0.53%Bitcoin network exhibited a 23.11% surge in volume during the last seven days.

    The numbers, which stand at $15.6 million, are considerably higher than last week’s $1.7 million.

    Cryptoslam shows that Ethereum ranks first with $26.5 million in NFT sales volume. But $2.7 million of the total sales was wash trading.

    The number of Ethereum NFT buyers dropped by 52% and stood at 26,673.

    Bitcoin bagged the second place with $15.6 million in total sales.

    Solana Solanasol0.75%Solana comes in third with its $10.5 million in sales. Mythos Chain (MYTH), Polygon POL (ex-MATIC)pol-1.28%POL (ex-MATIC) and Binance Coin BNBbnb-0.6%BNB followed suit with $8.3 million, $5.3 million and $3.2 million in sales, respectively.

    Solana recorded the highest number of buyers, just like last week at 60,115. However, it is considerably lower in comparison to last week’s 393,044 buyers.

  • DMarket is the NFT collection that is holding the position of the highest sales in the last seven days. The sales stood at $8.02 million, which happened in over 342,900 transactions.

    Guild of Guardians Heroes is second on the list with $3.02 million in sales. Third on the list is CryptoPunks was dethroned by Bitcoin Puppets, which marked a 59.2% rise in sales volume in the last seven days at $2.97 million.

    Coming to the top NFT collectible sales, below are the top NFT sales from the last seven days:

    • Bored Ape Yacht Club #7940 sold for $1,433,582 (588ETH).
    • Axie Infinity sold for $79,729 (32.6 ETH).
    • Known Origin #33608 sold for $73,160 (30 WETH).
    • CryptoPunks #7476 sold for $70,728 (28.99 ETH).
    • CryptoPunks #3654 sold for $69,672 (28.5 ETH).

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