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Crypto Prune > News > Crypto > NFT > NFT sales fell 5.4% to $79 million, Pudsey Penguins plunged 36%
NFT

NFT sales fell 5.4% to $79 million, Pudsey Penguins plunged 36%

2 months ago 5 Min Read

NFT sales fell 5.41% to $79.31 million, down from $84.44 million last week.

summary

  • This week, NFT sales fell 5.41% to $79.31 million, despite a nearly 1,000% surge in buyers.
  • Algebra Positions NFT-V2 surged to $7.81 million in sales, while Pudgy Penguins plunged 37%.
  • Ethereum and BNB Chain led the NFT blockchains as Bitcoin and Polygon volumes declined.

According to CryptoSlam data, NFT buyers surged by 989.62% to 222,294 people, while sellers surged by 714.77% to 189,963 people. The number of NFT transactions decreased by 20.92% to 1,097,565.

This decline in NFT sales occurred as Bitcoin (BTC) price fell to the $96,000 level as selling pressure continued to mount.

Ethereum (ETH) has lost its $3,200 level, extending its recent decline. The global cryptocurrency market capitalization shrank to $3.26 trillion from $3.48 trillion last week.

You may also like: President Trump-backed WLFI token shows strength at $0.14 despite market conditions

Algebraic position NFT-V2 soars as stubby penguin falls

Algebraic Position NFT-V2 on Ethereum soared to #1 with sales of $7.81 million, a jump of 807,352.81%. This collection processed 742 transactions with 199 buyers and 90 sellers.

Mythos blockchain’s DMarket fell to second place with $6.67 million, down 3.77% from last week’s $6.88 million. This collection recorded 241,552 transactions from 16,047 buyers and 13,590 sellers.

Pudgy Penguins fell to third place with $2.79 million, down 36.87% from last week’s $4.38 million. Ethereum Collection saw 144 transactions with 96 buyers and 93 sellers.

NFT sales fall 5.4% to $79 million, Pudsy Penguin plummets 36% - 1

Source: Top collection by NFT sales volume (CryptoSlam)

See also  Bored Ape NFTs are not securities, court’s landmark ruling

Immutable-Zk’s Guild of Guardians Heroes remained in fourth place with $2.37 million, down 6.19% from last week’s $2.48 million. There were 2,186 transactions in this collection.

Courtyard on Polygon (POL) secured fifth place with $2.24 million, down 23.20% from the previous week’s $2.91 million. This collection processed 31,205 transactions.

Panini America on the Panini blockchain jumped to 6th place with $2.23 million, an increase of 393.51%. 27,115 transactions were recorded in the collection.

CryptoPunks fell to 7th place with $1.95 million, down 40.95% from last week’s $3.3 million. This collection had just 17 transactions with 12 buyers and 15 sellers.

You may also like: Dogecoin price focuses on $0.14 as bearish pressure increases

Ethereum expands profits due to rapid growth of BNB chain

Ethereum remained in first place with sales of $33.71 million, an increase of 4.68% from last week’s $32.97 million.

The network recorded $2.67 million in wash trades, bringing the total to $36.37 million. The number of buyers increased by 69.86% to 21,514 people.

BNB Chain (BNB) rose to second place with $8.66 million, up 28.21% from $6.15 million in the previous week. Blockchain recorded $174,526 in wash transactions, bringing the total amount to $8.83 million. The number of buyers remained unchanged at 13,940, and the volatility was 0.00%.

NFT sales fall 5.4% to $79 million, Pudsy Penguin plummets 36% - 2

Source: Blockchain by NFT sales volume (CryptoSlam)

Bitcoin fell to third place at $8.18 million, down 15.56% from last week’s $9.15 million. This network had 6,486 buyers and a change rate of 0.00%.

Mythos Chain took fourth place with $6.84 million, down 3.49% from last week’s $7.1 million. The blockchain attracted 20,798 buyers.

See also  The Guild of Guardians leads the $1.35 million NFT collection every day as the NFT market climbs.

Solana (SOL) secured fifth place with $5.5 million, an increase of 12.27% from the previous week’s $5.12 million. The network recorded 15,651 buyers.

Immutable (IMX) ranked 6th with $4.19 million, down 2.98% from last week’s $4.26 million. Blockchain had 2,596 buyers.

Polygon took seventh place with $3.26 million, down 28.77% from last week’s $4.5 million. Blockchain recorded $6.63 million in wash transactions, bringing the total amount to $9.89 million. The number of buyers was 35,085.

You may also like: Aster price slumps at $1.00 as bullish volume fades

This week’s top sales

Autoglyph #141 was sold 3 days ago and became the top private seller for $199,135.19 (56 WETH).

Two V1 Cryptopunks Wrapped #7139 NFTs followed.

  • First sale 3 days ago for $196,267.55 (57 WETH)
  • 2nd sale took place 2 days ago for $194,923.31 (57.0299 WETH)

Two CryptoPunks round out the top five.

  • CryptoPunks #6207 was sold 3 days ago for $152,619.45 (43.99 ETH)
  • CryptoPunks #4427 was sold 4 days ago for $131,430.42 (36.9 ETH)

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