CryptoNFT market sends mixed signals: Buyers show up, but...

NFT market sends mixed signals: Buyers show up, but…

-


Sales are down, and purchases are up in the non-fungible tokens (NFT) market.

Over the past seven days, CryptoSlam has shown that NFT sales volume has decreased by 7.87% to about $99.9 million.

  • NFT buyers have increased by 24.38% to 560,845.
  • NFT sellers are also up 15.66% to 327,295.
  • Overall transactions are down 9.12% to about 1.44 million.

Ethereum NFT sales plummet

The Ethereum (ETH) blockchain maintains its dominant position with $25 million in sales, down over 21.3% from last week.

That being said, Ethereum maintained its top position. See below.

NFT market sends mixed signals: Buyers show up, but spending is down - 1
  • Polygon (POL) has secured second place with $16.9 million in sales volume, a 6.16% decrease.
  • Bitcoin (BTC) is third with $16 million, with a 12% drop in NFT sales volume.
  • Mythos Chain ranks fourth with $13.8 million in sales, experiencing a slight 1% increase from the previous week.
  • Solana (SOL) sales increased over 16% to $9.9 million.

In terms of collections, Courtyard on Polygon has taken the top spot with $15 million in sales and a 4.26% decrease. DMarket is still in second place with $8.6 million, up 1.95% from last week.

Guild of Guardians Heroes saw a notable decline, with sales plummeting over 48%.

The same goes for CryptoPunks, which saw sales decline by over 43.6% to $3.56 million.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Ripple CEO Asks IMF If They’ll Hold XRP—Clip Sends XRP Army Into Overdrive

Ripple boss’ question regarding the position of IMF on XRP has ignited excitement within the ecosystem as analysts...

4 Easy Steps to Get Started

Using a VPN or a virtual private network may seem complicated at first, but it’s software that’s surprisingly...

Ripple Acquires Hidden Road in $1.25 Billion Deal to Expand Institutional Crypto Services

Ripple has announced a $1.25 billion acquisition of crypto prime broker Hidden Road, aiming to scale institutional offerings...

Advertisement

ArbitrageScanner to Launch AI-Powered Assistant

Crypto analytics platform ArbitrageScanner is set to unveil a new AI-powered assistant designed to help users in analysing...

Must read

You might also likeRELATED
Recommended to you