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Home»NFT»NFT sales fall to $77.6 million, Bitcoin network leads in weekly increase
NFT

NFT sales fall to $77.6 million, Bitcoin network leads in weekly increase

2024-10-12No Comments3 Mins Read
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The non-fungible token or NFT market has witnessed a 4.16% decline in sales volume over the past seven days.

Here’s a look at the latest data from Cryptoslam:

  • NFT sales volume has fallen over the past seven days and stands at $77.6 million – lower than weekly NFT sales the week before.
  • NFT buyers fell a significant 66.81% to 263,804 from last week’s 794,763
  • NFT sellers fell to 121,399, representing a decline of 67.87%.
  • NFT transactions have fallen by more than 13.78% to 1,662,101 over the past seven days.

Read more: Mount Gox customers will no longer be paid in 2024: how will the industry respond?

Bitcoin leads the blockchains in a seven-day surge

Now let’s take a look at the blockchains that dominated during this period.

Source: Blockchains by NFT Sales Volume (CryptoSlam)

Ethereum (ETH) ranks first in terms of sales volume. However, the Bitcoin (BTC) network showed a volume increase of 23.11% over the past seven days.

The figures, which are $15.6 million, are up significantly from last week’s $1.7 million.

Cryptoslam shows that Ethereum ranks first with $26.5 million in NFT sales volume. But $2.7 million of total sales were laundry sales.

The number of Ethereum NFT buyers fell by 52% to 26,673.

Bitcoin took second place with a total turnover of $15.6 million.

Solana (SOL) is in third place with revenue of $10.5 million. Mythos Chain (MYTH), Polygon (POL), and Binance Coin (BNB) followed suit with $8.3 million, $5.3 million, and $3.2 million in revenue, respectively.

Just like last week, Solana recorded the highest number of buyers with 60,115. However, it is significantly lower compared to last week’s 393,044 buyers.

See also  Bitcoin: What can you expect when the key benchmark takes effect?

DMarket still holds its first position

NFT Collection Rankings by Sales Volume (CryptoSlam)

Just like last week, DMarket is the NFT collection that holds the position of having the highest sales of the past seven days. Sales amounted to $8.02 million, which occurred in more than 342,900 transactions.

Guild of Guardians Heroes is second on the list with revenue of $3.02 million. Third on the list is CryptoPunks being dethroned by Bitcoin Puppets, marking a 59.2% increase in sales volume over the past seven days to $2.97 million.

Below are the top NFT collectible sales, the best NFT sales from the last seven days:

  • Bored Ape Yacht Club #7940 sold for $1,433,582 (588ETH).
  • Axie Infinity sold for $79,729 (32.6 ETH).
  • Known provenance #33608 sold for $73,160 (30 WETH).
  • CryptoPunks #7476 sold for $70,728 (28.99 ETH).
  • CryptoPunks #3654 sold for $69,672 (28.5 ETH).

Read more: Crypto fugitive: Man accused of fraud flees after skipping $150 million hearing

Source link

Bitcoin Fall Increase leads Million Network NFT sales weekly
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