New data indicates a continued decline in sales of non-fungible tokens, down 3.2% in the past week and down 34% in the past month. As September nears its end with six days to go, NFT sales have reached $341.37 million since August 24.
NFT sales still cannot escape the wrath of Crypto Winter
In September, NFT sales in the past seven days amounted to $78.88 million, down 3.2% from the previous week, according to cryptoslam.io statistics. 2023 has seen a consistent decline in sales of digital collectibles, and September is no exception.
The monthly figure stands at $341.37 million, a sharp decline of 34.08% from the previous month. Ethereum remains dominant in NFT sales, raking in $177,743,112 in the past month.
However, it is worth noting that ETH-centric NFT sales are down 41.84% since the previous month. Following Ethereum is the Mythos blockchain, which records $31.89 million in revenue – a notable increase of 24.86% from the previous month. Following Mythos are Polygon, Solana, Immutable X and Bitcoin in terms of 30-day sales.
Dmarket, Draftkings, Bored Ape Yacht Club, Gods Unchained and Sorare top the charts in 30-day sales records. However, the last three NFT collections suffered setbacks this month, while Dmarket and Draftkings saw gains ranging from 15% to 24%.
Ethereum’s top NFT sale this month was a ‘Mega Zombie’, which fetched a price of $800,044. Immutable Rounding out the top three was a Bitcoin-based NFT from the ‘OCM Dimensions’ collection, which fetched $106,708.
2023 has proven to be challenging for NFT investors, with prices taking a significant hit. It’s been a chilling crypto winter, and NFTs haven’t been spared from its icy grip. The industry is waiting with bated breath to see whether the NFT markets will rebound in the spring.
What do you think of the last 30 days of NFT sales? Share your thoughts and opinions on this topic in the comments below.