Mimany led the daily sales chart of non-fungible tokens (NFTs) on Sunday, as the cryptocurrency market cap fell below $2 trillion for the first time since February.
According to CryptoSlam data, the Solana-based collection had a daily sales performance of $741,214.
But SOL, the Solana network’s native cryptocurrency, lost about 30% of its value over the past week, with Bitcoin falling below $50,000 for the first time since February, CoinGecko data shows.
Bitcoin was trading at $54,363 as of 11:30 a.m. ET on Monday.
The crypto market sell-off comes amid a historic stock market crash in Japan, where the benchmark Nikkei 225 Index closed down 12.4%. The drop of 4,451.28 points is the largest loss of points in one day ever.
On the Ethereum network, Pudgy Penguins came in as the second NFT collection of the day with a daily sales total of US$642,585.
Ether, the network’s native cryptocurrency, also hit the middle of the crypto market decline as it lost about 20% of its value.
Blockchain data shows that Jump Trading, a prop trading firm, recently released its Ether and staked Ether positions, with big moves coming this weekend.
Some industry observers speculate that Jump Trading’s activities are a signal that it is closing its crypto division due to regulatory issues.
Milady Maker, also on the Ethereum blockchain, claimed the third spot on the day’s NFT market by generating US$508,647 in sales.
Other notable collections include CryptoPunks and DogeZuki Collection, which ranked fourth and fifth respectively.
CryptoPunks, an Ethereum-based NFT pioneer, recorded a daily turnover of US$364,400 with just 5 transactions. Solana’s DogeZuki Collection, on the other hand, saw a huge number of transactions totaling 8,407, with daily sales reaching $358,730.
