Phoenix Group data shows that DMarket and Guild of Guardians have set monthly sales records and shown consistent demand for digital items, despite major market fluctuations. The market for NFTs remains active and October 2024 will be a pivotal period for major collections.
TOP #NFT COLLECTIONS BY MONTHLY SALES VOLUME
#DMarket #GuildofGuardians #BitcoinPuppets #BoredApeYachtClub #CryptoPunks #DogeZuki #Frogana #Sorare #NodeMonkes #OrdinalMaxiBiz #MiladyMaker #RetardioCousins pic.twitter.com/AvdfREC61M– PHOENIX – Crypto News & Analysis (@pnxgrp) October 31, 2024
DMarket dominates the rankings
DMarket claims the lead with $37.29 million in revenue and 440% monthly growth. DMarket has revealed the potential of its demand with over 62,000 buyers and over 1,339,231 transactions. DMarket’s success can also be attributed to the growing connection between games and blockchain, as players look for certain elements of tangible value in the game.
Guild of Guardians: a strong second place
Secondly, there is Guild of Guardians; it earned $13.01 million in revenue but experienced a monthly decline of 7.95%. However, it was still considered one of the largest collections with 10,133 buyers and over 22,056 transactions. Since Guild of Guardians is a role-playing game dedicated to NFTs, its achievements reflect the constant interest in the blockchain gaming sphere.
Bitcoin Puppets and Bored Ape Yacht Club See Big Gains
Bitcoin Puppets and Bored Ape Yacht Club (BAYC) were also quite popular in October and saw significant sales increases. Bitcoin Puppets had total revenue of $10.6 million, up 70.11% with 563 buyers involved in 1,249 transactions. Similarly, BAYC generated $10.40 million, representing a 45.7% increase, from 166 investors through 294 transactions.
CryptoPunks is facing a setback
CryptoPunks, the collection that predates the current NFT format and is widely considered the original model, saw a monthly sales decline of 38.49%, amounting to $10.15 million. Although it dropped slightly, it was still able to record 67 buyers and 126 transactions.
Rising stars and notable artists
Some of the new collections were notably established, such as DogeZuki ($9.67 million, down 3.81%) and Frogana ($9.47 million, up 294.62%). Frogana’s rapid increase in a short period of time indicates that users are interested in meme-based, decentralized social projects. Other established collections such as Sorare ($8.09 million, down 12.21%) and NodeMonkes ($7.83 million, down 17.25%) also proved to be major market players; Headquartered in Brazil, Sorare’s blockchain-based fantasy sports cards offered users lasting appeal.
Maxi Biz’s regular sales reached $7.32 million with an increase of 33.50%, while Milady Maker recorded $5.36 million and had a sales increase of 135.59%. October sees great activity when it comes to the portfolio of the most successful NFTs, with both mainstream projects like DMarket and Guild of Guardians and emerging players like Frogana and Ordinal Maxi Biz. The mix of gaming, art and community-oriented themes therefore remains popular and increases buyer interest in NFTs as the economy fluctuates.
