The NFT (Impossible Token) market continues to recover, with sales volume rising 4.09%, with $109.8 million.
summary
- NFT sales continued to recover to $109.8 million with a 4.1% growth
- Cryptopunks posted outstanding performances for the week with a growth rate of 136%
- A 53% increase in buyers and a 67% increase in sellers, and market participation has recovered strongly
This is the second consecutive week of growth after several weeks of decline in sales.
Market participation increased by 53.35% for NFT buyers to 277,059, while NFT sellers increased by 67.19% to 206,669, according to data from Cryptoslam. However, NFT transactions fell 6.65% to 1,630,579.
This happens when Bitcoin (BTC) recovered to a $115,000 level. At the same time, Ethereum (ETH) has skyrocketed to the $4,400 level.
Global crypto market capitalization is $4.04 trillion from $3.81 trillion last week’s market capitalization.
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Ethereum regains its dominant position
Ethereum has regained its dominant position with sales of $46.4 million. This is a surge of 42% from the previous week. Ethereum’s wash trade also rose 154.37% to $9.2 million.
Mythos Chain held second place at $12.2 million, down 16.29%. Bitcoin rose to its third position at $10.2 million, up 8.44%.
Source: Blockchain based on NFT sales volume (Cryptoslam)
Immutable (IMX) holds fourth place at $8.5 million, down 0.10%. The BNB chain (BNB) is fifth at $8.4 million, down 18.33%.
Solana (Sol) rose to sixth place at $7.5 million, up 41.01%. Polygon (POL) fell to seventh place at $5.6 million, down 59.09%.
The number of buyers is growing across most blockchains, with the constant leading by a 146% growth rate. This is followed by 135.35% Mythos Chain and 122% polygons.
DMARKET, although down 23.16%, has sales of $7.1 million, holding the top spot in the collection rankings. The Game Marketplace has declined across all metrics including transactions (21.24%) and buyers (27.62%).
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Cryptopunks Sales Jump 136%
Cryptopunks surged to second place at $7 million, up 136.83%. The collection more than doubled transactions (146.15%) and buyers (100%), while sellers increased by 136.36%.
The Guild of Guardian Heroes holds third position at $4.8 million, recording a minimal growth of 1.20%. Polygon courtyard fell to fourth place at $4.7 million, plunging 62.86%.
MoonBirds sits fifth at $4.6 million, a surge of 141.12%. This collection saw growth in transactions (148.99%) and buyers (93.48%).
The boring APE Yacht Club has made its top six with $4.4 million, up 78.76%. The Yuga Labs collection has more than doubled transactions (108.33%) and almost doubled buyers (93.33%).
Here are some notable high value sales this week:
- The boogle sold for 1,380 sols ($324,846)
- Cryptopunks #8521 is for sale at 55.48 ETH ($255,288)
- Cryptopunks #4420 is for sale at 56.388 ETH ($254,250)
- Cryptopunks #2642 is for sale at 52.1 ETH ($239,735)
- cryptotopunks #1180 is for sale at 49.89 ETH ($232,394)
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