Currencies33154
Market Cap$ 3.04T-1.83%
24h Spot Volume$ 44.55B+2.79%
DominanceBTC61.18%+0.71%ETH6.97%-1.47%
ETH Gas2.61 Gwei
Cryptorank
MainNewsWeekly NFT S...

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.

Read the article at Bitcoin News

Read More

Solana: Analysts Forecast Q3 ATH Rally As SOL Retests Make Or Break Level

Solana: Analysts Forecast Q3 ATH Rally As SOL Retests Make Or Break Level

After reclaiming crucial levels, Solana (SOL) has been moving sideways within a key p...
US Corporates Are Back! They Bought $3.4 Billion in Bitcoin and Three Altcoins, Only Sold One Altcoin!

US Corporates Are Back! They Bought $3.4 Billion in Bitcoin and Three Altcoins, Only Sold One Altcoin!

According to the Coinshares report, there was an inflow of $3.4 billion into Bitcoin,...
MainNewsWeekly NFT S...

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.

Read the article at Bitcoin News

Read More

Solana: Analysts Forecast Q3 ATH Rally As SOL Retests Make Or Break Level

Solana: Analysts Forecast Q3 ATH Rally As SOL Retests Make Or Break Level

After reclaiming crucial levels, Solana (SOL) has been moving sideways within a key p...
US Corporates Are Back! They Bought $3.4 Billion in Bitcoin and Three Altcoins, Only Sold One Altcoin!

US Corporates Are Back! They Bought $3.4 Billion in Bitcoin and Three Altcoins, Only Sold One Altcoin!

According to the Coinshares report, there was an inflow of $3.4 billion into Bitcoin,...