Skip to main content

NFT Market Sales Climb 16% Higher; 43.48% Increase in Buyers in Third Week of 2023

NFT Market Sales Climb 16% Higher; 43.48% Increase in Buyers in Third Week of 2023

Closing out the third week of January 2023, non-fungible token (NFT) assets saw a 16.39% increase in overall sales. 320,580 buyers participated in the NFT market action this past week, an increase of 43.48% compared to the week prior. $256.69 million in NFT sales were recorded over the last seven days, with $206.06 million being Ethereum-based NFTs.

Ethereum Dominates NFT Market as Blockchains Theta, Fantom, Palm, and Wax See Largest Gains in NFT Sales

Digital ownership continues in 2023 with $256.69 million in non-fungible token (NFT) sales over the last seven days, according to statistics from cryptoslam.io. This represents a 16.39% increase from the previous week’s NFT sales and includes 1,355,376 NFT transactions. A total of 320,580 buyers participated in the market activity, a 43.48% increase from the prior week.

Out of 20 unique blockchain networks, Ethereum (ETH) dominated, with $206.06 million of the past week’s sales coming from the ETH chain. ETH-based NFT sales increased by 24.78% over the last week. The second-leading blockchain in terms of NFT sales this week is Solana (SOL), which had $36,378,730 in NFT sales. However, Solana NFT sales were down 10.44% compared to the previous week.

The blockchains that saw the largest seven-day gains in terms of NFT sales were Theta, up 239%; Fantom, up 144%; Palm, up 97%; and Wax, up 73% this week. The top-selling cryptographic collections this week included Mutant Ape Yacht Club (MAYC), Bored Ape Yacht Club (BAYC), Bored Ape Kennel Club (BAKC), Azuki, and Otherdeed.

The top three most expensive NFT sales this week include Bored Ape Yacht Club #4,025, which sold seven days ago for $613,000; Cryptopunk #7,674, which sold for $451,000 five days ago; and Cryptopunk #7,641, which sold for around $418,000 three days ago. At 10 a.m. Eastern Time on Sunday, Jan. 22, 2023, Cryptopunks had the highest floor value at 66.69 ETH, while BAYC’s floor was just below at 66.247 ETH, according to data from nftpricefloor.com.

What do you think about this week’s increase in non-fungible token sales? Let us know what you think about this subject in the comments section below.



from Bitcoin News https://ift.tt/DiXpvbU
Labels:

Comments

Post a Comment

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...
10 comments
Read more

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...
Post a Comment
Read more

Ombudsman Receives Complaints About Crypto Investments in Spain

The Spanish ombudsman has been receiving complaints about cryptocurrency and how some Spanish citizens investing in these vehicles have lost everything. In his annual report, Angel Gabilondo recognized the rise of cryptocurrencies as a new problem due to the little or no regulation crypto sees in the country. In the same way, the EU has also warned about these assets recently. Spanish Ombudsman Gives His Take on Crypto Angel Gabilondo, the Spanish ombudsman, has given his take regarding cryptocurrencies and the effects they have on citizens investing in some of these projects. Gabilondo said in his yearly report that cryptocurrencies have become “a new problem” during the year examined, with many people having lost all of their funds invested. The report states : Cryptocurrency exchange companies or platforms are not regulated in the legal system, are not subject to any public supervision system, nor do they benefit from deposit guarantee systems. The affected users that sought...
Post a Comment
Read more