After weeks of steep decreases of participation, the non-fungal token (NFT) market shows early signs of stabilization, stimulated by a broader crypto-rebound.
Although the total buyer and seller activity has fallen nearly 70%, transaction volumes crawl higher and specific block chains and double digits collections broke.
At the last check on Saturday, Bitcoin (BTC) was $ 115,800 – an increase of 5.2% in the last seven days – and Ethereum (ETH) fluctuated above $ 4,600, an increase of 9.1% for the week.
Summary
- NFT -Sell placed a modest recovery of 4.7% at $ 106.6 million
- Market participation collapsed with copper and seller counts fell around 70%
- Gaming collections dominated the performance with mythos chain that rises to second place
According to Data from CryptoSlam, this marks the first positive growth in a few weeks after a series of falls.
Market participation is strongly merged, whereby NFT buyers fall by 69.84% to 180,693 and NFT sellers fall by 70.87% to 123,713. NFT transactions have risen by 2.60% to 1,754,295.
Ethereum has risen to the level of $ 4,700. The global crypto market capitalization is now $ 4.07 trillion, an increase compared to last week’s market capitalization of $ 3.81 trillion.
Mythos chain sales rise more than 40%
The number of buyers fell in all block chains, with the BNB chain that led to a growth of 84.35% as the only platform that profits. At the same time, others saw drops ranging from 65% to 80%.
- Ethereum maintains the management with a turnover of $ 34.1 million and fell 7.45% compared to the previous week. Ethereum’s washing handle has fallen to $ 3.1 million by 52.47%.
- Mythos chain goes to second place with $ 14.3 million, with 41.63%.
- Polygoon (Pol) drops to the third by $ 13.6 million, 13.82%drops.
- BNB chain (BNB) is fourth with $ 10.3 million, an increase of 7.96%.
- Bitcoin is in the fifth with $ 9.4 million, increasing by 19.49%.
- Immutable (IMX) climbs to the sixth by $ 8.7 million, rising 69.41%.
- Solana (SOL) completed the top seven with $ 5.5 million, an increase of 12.06%.
Source: Blockchains by NFT Sales Volume (CryptoSlam)
Pudgy Penguins Sales jumps 110%
- Courtyard on Polygon retains the first place in the collection list of $ 12.6 million in turnover and fell 13.81%. The collection has experienced both buyers (54.79%) and sellers (88.32%).
- Darket reaches second place with $ 8.9 million and jumps 83.55%. The Gamingmarktplace has benefited from the strong performance of Mythos Chain.
- Guild of Guardians Heroes climbs to third position with $ 4.8 million, rising 67.68%. The gaming collection has seen growth between transactions (44.65%) and buyers (29.18%).
- Panini America has fourth place with $ 4.6 million, an increase of 47.89%.
- DKTNFT on BNB chain is in fifth with $ 4.3 million, an increase of 8.94%.
- Pudgy Penguins comes in the top six with $ 3.2 million, rises by 110.52%. The collection has more than doubled its transactions (111.43%) and has seen considerable growth in both buyers (20%) and sellers (93.10%).
- Sorare completes the top seven by $ 3 million and rises 64.07%. The Fantasy Sports Platform has seen the growth of buyers (25.52%) and sellers (5.24%).
Remarkable high -quality sale this week includes:
- Cryptopunks #2368 sold for 89 ETH ($ 408,599)
- Cryptopunks #5702 sold for 57.95 ETH ($ 264,994)
- Cryptopunks #8464 sold for 48.5 ETH ($ 225,753)
- Cryptopunks #6557 sold for 50 ETH ($ 220,923)
- Cryptopunks #5935 sold for 46.5 ETH ($ 216,444)