Skip to main content

Weekly NFT Sales Dip by 1.18% Despite Rising Buyers and Transactions

Weekly NFT Sales Dip by 1.18% Despite Rising Buyers and Transactions

Based on the most recent week-long data, non-fungible token (NFT) sales experienced a slight decline of 1.18% from the previous week. Despite a recorded $107.05 million in NFT sales, there was a noteworthy rise of 86.71% in the number of buyers. Additionally, NFT transactions increased by a significant 34.66%.

Weekly Digital Collectible Sales Cool Off

This week, NFT sales showed a minor dip, declining by 1.18% compared to the previous week. Out of the $107.05 million in NFT transactions, a significant 61% or $65.86 million originated from the Ethereum blockchain.

Furthermore, sales of ETH-based NFTs climbed by 7.41% from the prior week. Solana trailed behind Ethereum, boasting sales of around $9.64 million, marking a 4.8% uptick.

Weekly NFT Sales Dip by 1.18% Despite Rising Buyers and Transactions

After Solana in the NFT sales race came Polygon, posting sales of $8.41 million. Mythos followed closely with $6.30 million, trailed by Immutable X at $4.55 million, BNB Chain’s $4.46 million, Bitcoin’s $2.62 million, and Flow registering $1.46 million.

Together, these eight blockchains constituted a commanding 96.49% of this week’s total NFT sales. The past week’s top-performing NFT collection was Degods, amassing $6.59 million. Hot on its heels was Dmarket, tallying about $6.25 million, while Bored Ape Yacht Club (BAYC) clinched the third spot with sales hitting $5.43 million.

Trailing the three leading digital collections were Gods Unchained, Draftkings, Sorare, Mutant Ape Yacht Club (MAYC), Wreck League, The Captainz, and Cryptopunks. Together, these top ten NFT collections contributed a substantial $38.73 million, making up 36.17% of the week’s entire sales.

In the past week, the standout sale was Autoglyph #490, clinching the top spot with a sale of $287,331 just four days ago. Following that sale was Cryptopunk #7107, fetching $114,198 on August 18, while Cryptopunk #5342 wasn’t far behind, securing $110,877 that same day.

Notably, the next two top NFT sales also featured Cryptopunks — with #3306 and #557 both crossing the $100K mark. Rounding out the top six was Fidenza #829, which commanded a price of $106,350 on August 17. In total, these six NFTs raked in an impressive $833,509.

What do you think about this week’s NFT sales? Share your thoughts and opinions about this subject in the comments section below.



from Bitcoin News https://ift.tt/5TiRtQo
Labels:

Comments

Post a Comment

Popular posts from this blog

Mt Gox Creditors Updated, Trustee Says Rehabilitation Custodian Is ‘Currently Preparing to Make Repayments’

On August 31, 2022, the Mt Gox trustee Nobuaki Kobayashi explained in a recent letter that the rehabilitation custodian is “currently preparing to make repayments” to Mt Gox creditors. Trustee Updates Mt Gox Creditors — Repayment Date and Exchange Still Unknown Last week speculation and rumors concerning the release of 140K bitcoin ( BTC ) from Mt Gox littered social media platforms and headlines. Bitcoin.com News covered the situation six days ago as a number of people and Mt Gox creditors called the rumors “ fake news .” During that same period of time, a bitcoin whale transferred 10,000 BTC to unknown wallets, and a 2018 annotation , heuristics, and clustering methods show the funds likely originated from the June 2011 Mt Gox hacks. Following the mysterious whale transfer, last Wednesday, Mt Gox published an official update from the court trustee Nobuaki Kobayashi that explains the court is “currently preparing to make repayments” to creditors. Mt Gox creditors have been wait...
Post a Comment
Read more

DefiDollar Listing on AscendEX

PRESS RELEASE. AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the DefiDollar Token (DFD) under the pair USDT/DFD on Apr 29 at 1:00 p.m. UTC. DefiDollar is a DeFi lab that aims to bring mass adoption to DeFi with a wide-ranging product suite. The first product offering to go live will be the stablecoin index – DUSD, with ibBTC and optionCoin currently in development. DefiDollar (DUSD) aspires to be a risk-insured stablecoin layer for DeFi. It is designed to provide a safe and stable way for users to hold their assets with DUSD being optimized for peg safety, yield, and diversification. DefiDollar uses DeFi primitives to stay close to the dollar mark. DUSD provides an avenue for diversifying stablecoin holdings to hedge against an event where the underlying stablecoins like Tether or DAI deviate from their peg. DUSD is collateralized by Curve Finance LP tokens. DFD is the n...
Post a Comment
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