NFT Market Sales Drop by More Than 50% — Popular NFT Collection Trade Volumes...
After non-fungible token (NFT) sales soared during the month of August, the first week of September’s NFT sales has been awful. Statistics show the number of sales in mid-August tapped a high of 193,693 sales but plummeted 86% to 27,053 sales on September 10. Metrics from the most used marketplaces show that volume has slid considerably following the same fallout cryptocurrency market have felt during the last four days. NFT Sales and Trade Volumes Plummet So far, September has not been the best month for NFTs and sales in this space. Last month, non-fungible token (NFT)....
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Non-fungible token (NFT) sales have increased this week after a small 2.15% drop the week prior. During the last seven days, NFT sales are up 34.62% from $579 million to $779 million. The NFT collection with the most sales this past week was Azuki, as the collection’s NFT sales jumped 94.68% higher than the week before.
NFT Sales Rebound After Last Week’s Drop in Volume
NFT market activity has picked up some steam over the last week as NFT sales increased by 34.62%, according to current statistics on Monday. The $779 million in sales derived from 14....
The past week’s non-fungible token (NFT) sales have dropped again, following the last few weeks of diminishing volumes. Across 14 blockchains that support NFTs, sales have slipped 29.46% lower than the week prior. Despite the drop in NFT sales volume, NFT sales stemming from the Arbitrum network spiked by 97.53% this week.
NFT Interest and Sales Nosedive
According to Google Trends (GT) data, interest in NFTs has dive-bombed, as the search query for the term “NFT” slid from a score of 100 on GT during the first month of 2022, to this week’s score of....
Non-fungible token (NFT) sales have increased by 23.56% over the last week, as $945.2 million in sales were recorded across 15 different blockchains during the last seven days. NFT sales stemming from Ethereum jumped 29.16% in seven days, gathering $863.2 million in sales or 91.32% of the $945.2 million in sales. One particular NFT collection called Moonbirds has bolstered most of this week’s NFT sales volume.
NFT Sales Spike This Week, Volume Fueled by Moonbirds Sales
Following last week’s slight uptick in NFT sales, which increased 3.35% and gathered $658.4....
A non-fungible token (NFT) collection called Moonbirds has been a topical conversation within the NFT community as the compilation’s sales have been enormous. The Moonbirds NFT project started selling five days ago on April 16, and since then statistics show the collection has seen $364.83 million in sales. Moonbirds NFT Collection Takes the Top Spot This Week This week a new NFT collection called Moonbirds has surpassed the likes of Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), and Cryptopunks sales. Traders only started swapping the 10,000 Moonbirds NFTs five days ago....
Monthly volumes show NFT values decreasing, but blockchain gaming projects are ignoring the downturn by refining their play-and-earn mechanics. Nonfungible tokens (NFTs) were in a strong bull run from Jan. 1 to mid-February. During this time, OpenSea volumes topped $5 billion and then fell to $3.6 billion toward the end of February. This could have been a sign that the overall sentiment of the crypto and NFT market was correcting. As Q2 approaches, the total volumes and sales for NFTs have been in decline, leading new entrants and investors to wonder whether the sector is dying. According....