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Crypto Prune > News > Crypto > NFT > NFT sales down 28% to $98 million, Bored Ape Yacht Club sales up 100%
NFT

NFT sales down 28% to $98 million, Bored Ape Yacht Club sales up 100%

3 months ago 5 Min Read

According to CryptoSlam data, NFT (non-fungible token) sales decreased by 28.42% from last week to $98.18 million.

However, market participants bucked this trend, with NFT buyers increasing by 22.86% to 626,341 and sellers increasing by 13.54% to 469,316.

The number of NFT transactions decreased by 5.08% to 1,458,311. The global cryptocurrency market capitalization has also declined, now at $3.71 trillion, down from $3.75 trillion last week.

summary

  • NFT sales decreased by 28% to $98.18 million, but the number of buyers increased by 22.86% to 626,341.
  • BAYC’s sales increased by 108%, while DMarket and DX Terminal’s sales decreased.
  • Ethereum led the network with $41.72 million in NFT sales, a weekly increase of nearly 20%.

You may also like: XRP Price Prediction: Is a $20 Ripple Rise Realistic or Too Good to Be Real?

Decline of DMarket, revival of BAYC

DMarket on the Mythos blockchain fell 34.09% from $9.05 million last week. Still, it remains in first place with sales of $5.92 million. This collection processed 209,894 transactions with 17,852 buyers and 13,838 sellers.

DX Terminal on Base remained in second place with $5.62 million, down 18.23% from last week’s $7.56 million. 294,979 transactions were recorded in the collection.

NFT sales drop 28% to $98 million, Bored Ape Yacht Club sales jump 100% - 2

Source: Top collection by NFT sales volume (CryptoSlam)

Bored Ape Yacht Club surged 108.47% with sales of $5.22 million, jumping into the top rankings at #3.

The Ethereum (ETH) collection had 180 transactions with 115 buyers and 115 sellers.

The Pudsey Penguins moved into fourth place with $4.85 million, an increase of 21.07% from last week’s $3.8 million. This collection had 182 transactions with 99 buyers and 105 sellers.

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Immutable-Zk’s Guild of Guardians Heroes secured fifth place with $3.88 million, up 11.11% from last week’s $3.45 million. This collection had 3,100 transactions.

CryptoPunks surged 49.48% to $3.79 million, making it into the top six. Ethereum Collection processed just 21 transactions with 14 buyers and 16 sellers.

You may also like: Stellar leverages Chainlink solutions to power next-generation DeFi applications

Ethereum expands its lead

Ethereum strengthened its top position with sales of $41.72 million, an increase of 19.72% from last week’s $35.04 million.

The network recorded $3.59 million in wash trades for a total of $45.31 million. The number of buyers increased by 14.66% to 54,401.

Bitcoin (BTC) remained in second place with $11.55 million, down 11.47% from last week’s $13.17 million. The network had 18,316 buyers, an increase of 36.06%.

Source: Blockchain by NFT sales volume (CryptoSlam)

Base remained in third place with $10.36 million, up 7.34% from last week’s $10.19 million. Blockchain recorded $4.93 million in wash transactions with 277,561 buyers, an increase of 7.92%.

Immutable (IMX) moved up to #4 with $6.56 million, an increase of 12.54% from the previous week’s $5.73 million. The network had 7,981 buyers, an increase of 32.75%.

Solana (SOL) secured 5th place with $6.16 million, an increase of 30.28% from the previous week’s $4.92 million. Blockchain attracted 40,011 buyers, an increase of 30.29%.

Mythos Chain dropped to 6th place with $6.09 million, down 33.27% from last week’s $9.27 million. Blockchain buyers were 46,981, an increase of 39.03%.

BNB Chain (BNB) rounded out the top seven with $5.25 million, down 3.76% from last week’s $5.33 million. The number of buyers increased by 33.18% to 43,642.

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You may also like: Theta Network adds Deutsche Telekom as an enterprise validator

CryptoPunk leads high-value transactions

  • CryptoPunks #8407 became the top individual seller with $413,469.94 (100 ETH) sold 5 days ago.
  • Bored Ape Yacht Club #3105 came in second place for $359,769.63 (90 ETH) and was sold 3 days ago.
  • V1 Cryptopunks Wrapped #4350 was sold 7 days ago for $248,839.14 (62.9 ETH).
  • Autoglyph #256 was sold 2 days ago for $222,558.91 (59 WETH).
  • CryptoPunks #7378 completed the top 5 with $212,360.44 (51 ETH) sold 5 days ago.

read more: From exposure to yield: Idle institutional capital fuels Bitcoin-native DeFi | Opinion

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