Skip to main content

NFT Sales Slid Lower This Week, Cronos NFT Volume Jumps 236% Higher, Azuki Collection Rises 

NFT Sales Slid Lower This Week, Cronos NFT Volume Jumps 236% Higher, Azuki Collection Rises 

Last week, non-fungible token sales saw an improvement after tumbling week after week in terms of sales volume. This week, NFT sales are down 2.15% from last week’s $544.6 million to this week’s $539.2 million. The top NFT collection in terms of weekly sales was the Azuki compilation of collectibles, as the project saw a 318% increase in sales during the last seven days.

Weekly NFT Sales Drop 2%, Cronos and Solana NFT Sales Spike

Data stemming from the non-fungible token (NFT) economy indicates that sales are down this week by 2.15%. Statistics indicate that NFT sales across 16 different blockchain networks recorded roughly $539.2 million in sales this week. Metrics from cryptoslam.io show that the blockchain Ethereum captured most of the week’s sales with $443 million settled. However, Ethereum-based NFT sales are down 7.36% this week.

The blockchain with the most NFT sales this week is Cronos as the network obtained $1.3 million in NFT sales, up 236% in the last seven days. Following Cronos was Solana’s sales, as $44.7 million in NFT sales stemmed from the Solana network. Solana-based NFT sales are up 96% this week, which is followed by Binance Smart Chain’s 86% sales increase this week. The two biggest losers in terms of seven-day NFT sales include the blockchain Polygon down 51% this week, and the blockchain network Waves saw a 92% drop in sales.

Azuki Collection Takes the Top Sales Position This Week, Art Blocks’ NFT Fidenza #692 Sells for $993K

The top collection this week in terms of sales volume was Azuki, as it captured $50.2 million in seven-day sales. Azuki’s NFT sales were followed by Bored Ape Yacht Club ($45.9M), Mutant Ape Yacht Club ($38.9M), and World of Women Galaxy ($36.1M) in terms of total weekly sales volume. Other notable NFT collections in the top ten this week as far as sales are concerned include projects like Muri, Crabada, Clonex, World of Women (WoW), Cryptopunks, and the Bored Ape Kennel Club.

The top NFT sale this week was the NFT Fidenza #692 from the Art Blocks NFT collection, as it sold for 320 ether or $993K three days ago. Cryptopunk #7971 sold two days ago for 235 ether or $733K, and Bored Ape Yacht Club #3250 exchanged hands for 250 ether or $720K during the beginning of the week. Additionally, the ‘Queen of Pop’ Madonna recently acquired Bored Ape #4988 for 180 ether or $564K at the time of settlement, and the American rapper Wiz Khalifa bought Bored Ape #1506 for 115 ether or $364K.

What do you think about the week’s NFT sales action? Let us know what you think about this subject in the comments section below.



from Bitcoin News https://ift.tt/qUeo8AF

Comments

Popular posts from this blog

Deep Web Roundup: Dream Adds Monero and Bitcoin Tumbler “Chip Mixer” Launches

The darknet has been quiet of late, which is the way it’s meant to be. No news means no mega busts, honeypots, or mass market shutdowns. Even when it’s out of the spotlight though, the deep web is quietly making news, whether trialling the latest privacy coins or the newest coin mixers that promise to restore a little of the privacy that’s being stripped away from bitcoin users on a daily basis. Also read: U.S. Agency ICE Conducts Investigations That Exploit Blockchain Activity The Battle for Privacy Heats Up Privacy is all relative, but of late there’s been relatively little privacy to be enjoyed by bitcoin users. Blockchain monitoring software is becoming more sophisticated and more common, with U.S. law enforcement agencies using it to profile and hunt down deep web users. Chip Mixer is a relatively new bitcoin tumbler that’s designed to restore some of that privacy. Available on both the clearnet and darknet, the service uses a variety of techniques to obfuscate blockchain m...

Seven UK Companies Form Cryptocurrency Trade Body

Seven major crypto companies operating in the UK have announced the formation an independent cryptocurrency trade body. The group, Crypto UK, has stated that its principal aim is to “improve industry standards and engage policymakers.” Also Read:   Independent Ratings Agency Alerts Investors About Dangers of Tether Leading Cryptocurrency Companies form Crypto UK Trade Body Seven leading cryptocurrency companies operating the UK have formed an independent trade body tasked with developing self-regulatory standards for the cryptocurrency industry, in addition to “engag[ing] policymakers.” The members of Crypto UK are Coinbase, Etoro, Cex.io, Blockex, Commerceblock, Coinshares, and Cryptocompare – comprising trading platforms, exchanges, asset managers, merchants, comparison websites, and intermediaries from the cryptocurrency sector. “Regulation is Imminent” The Crypto UK chairman and managing director of Etoro, Iqbal Gandham, described the trade body’s mission as “promot[in...

International Crypto Exchange Luno Adds Bitcoin Cash Trading

Luno exchange has added bitcoin cash trading to the platform following feedback from its client base. BCH is now only the third cryptocurrency available for trading on the exchange, in addition to BTC and ETH , but more options could be on the way once Luno determines that they are credible enough. Also Read: Bitflyer Adds Bitcoin Cash Trading Across Europe and the US Luno Adds Bitcoin Cash Trading Luno, the London-headquartered company formerly known as Bitx, recently announced that bitcoin cash was made available on its cryptocurrency exchange. Starting from Monday, September 23, customers at Luno are now able to store, buy and sell BCH on the platform. The reason given for adding BCH to the exchange is feedback from users in developing markets that convinced Luno to expand their offering from previously just BTC and ETH . Marcus Swanepoel, CEO of Luno, said , “We are in a new and exciting financial era. Developing economies are leading the large-scale adoption and appli...