Major NFT projects such as Crypto Punks and DMarket are in the news again. The past week has been quite volatile on the NFT front, with some of the most popular collections seeing huge increases and sharp declines in sales. Looking at data from CryptoSlam on NFT activity over the past seven days, DMarket on Mythos blockchain and Crypto punk on Ethereum comfortably occupy the leading position in terms of sales volumes and buyer interest.
DMarket: $5.6 million in sales
DMarket takes the top spot with an incredible $5,598,316 earned through 226,459 trades. Although sales volume decreased by 3.39%, the high transaction frequency and number of customers (over 15,000 buyers) ensure constant demand among the NFT communities.
CryptoPunks: $3.3 million in revenue
CryptoPunks, an Ethereum-based collection, has experienced a massive boost, registering a 102.29% increase in revenue to $3,275,409. Despite only having 38 transactions, CryptoPunks recorded an increase of 72.73% and even more new buyers, 166.67%, as high-value investors continued to return to the market.
Guild of Guardians Heroes and Bitcoin Puppets
Guild of Guardians Heroes on Immutable-Zk has reached $2,874,013 despite an 11.63% drop in revenue while ranked third. The collection also reduced the number of transactions and the number of active buyers, creating a picture of a somewhat mixed market.
For Bitcoin Puppets, sales rose 41.74% to $2,780,470, indicating collectors’ interest in Bitcoin-based NFT artworks. With 380 transactions and over 190 active buyers, there is good traction within Bitcoin-backed NFTs.
Pudgy Penguins: $2.14 million in revenue
Another NFT collection with its token on the Ethereum network, Pudgy Penguins, reached an astonishing $2.14 million in sales, up 170.68%. This collection also saw a 162.86% increase in transactions with sales to 60 buyers.
Rising Bitcoin and Ethereum Collections
The following NFT collections have summarized the top ten places
- NodeMonkes ($1.97 million): A Bitcoin NFT project up +27.80%.
- Ordinal Maxi Biz (OMB) ($1.83 million): Bitcoin-funded NFTs rose 46.80%.
- Bored Ape Yacht Club ($1.74 million): Although it was stable, it took the eighth position.
- Courtyard ($1.6 million): On Polygon there is a price drop of 16.50%.
- DogeZuki Collection ($1.59 million): Solana-based, down 24.89%.
The selected top 10 NFT collections per activity represent various trends within and between blockchains. These changes demonstrate the new consumer preference and increased popularity of NFTs backed by Bitcoin or Ethereum.