The memeย cryptocurrencies mania is not isย still over and continuesย impacting other digital assets like cryptocurrency and non-fungible cryptoย tokens. The memeย cryptocurrencies obsession began sometime in April and has drawn the attention of numerous investors and institutions inย theย previous few weeks.
Non-Fungibleย Tokenย (NFT) Sales Fall 20 percent In The Past 7 Days
Data compiled by Cryptosam confirms that the Non-Fungibleย Tokenย (NFT) market has plunged nearly 20%, recording a trading sales volume of $177 Million in the past 7 days. Ethereumย (ETH) Non-Fungibleย Tokenย (NFTs) dominated the Non-Fungibleย Tokenย (NFT) market lastย week, attracting a sales volume of $96 million.
Bitcoinย (BTC) Non-Fungibleย Tokenย (NFTs) distantly followed, recording a trading sales volume of $43 Million. In the past 7 days, Bitcoinย (BTC) Non-Fungibleย Tokenย (NFTs) have plunged by 36 percent from the lastย week. Solana (SOL) and Mythos chain-powered Non-Fungibleย Tokenย (NFTs) followed, recording a trading sales volume of $7 Million and $6 Million in the past 7 days.
During the same period, the number of non-fungible cryptoย token buyers increased by over 64 percent to 390,000. The number of Non-Fungibleย Tokenย (NFT) transactions likewise increased by greaterย than 1 percent to 1.8 Million. Ethereumย (ETH) Non-Fungibleย Tokenย (NFTs) saw the highest number of Non-Fungibleย Tokenย (NFT) transactions.
Top Non-Fungibleย Tokenย (NFT) Collection In The Past 7 Days
Top Non-Fungibleย Tokenย (NFT) Collection Past Week: Source: Cryptoslam.io
1. Bored Ape Yacht Club
Bored Ape Yacht Club, an Non-Fungibleย Tokenย (NFT) collection from digital investment company Yuga Labs, took the top position pastย week. The Non-Fungibleย Tokenย (NFT) collection, which features a fixed set of 10,000 Non-Fungibleย Tokenย (NFTs), has recorded a sales volume of $8 Million. Nonetheless, the Non-Fungibleย Tokenย (NFT) collection has plunged 37 percent from the previous week.
2. Space Pepes NFTs
Space Pepes, a Bitcoinย (BTC) Non-Fungibleย Tokenย (NFT) collection accordingย to the Pepe the Frog Memeย Coin, ranks Second lastย week. The Non-Fungibleย Tokenย (NFT) collection pumped 60 percent to $7.4 Million. Space Pepes Non-Fungibleย Tokenย (NFT) transactions increased by greaterย than 35 percent in the past 7 days.
3. DMarket NFTs
DMarket is an Non-Fungibleย Tokenย (NFT) collection from the virtual metaverseย network game DMarket. DMarket is a virtual startup that operates a decentralized blockchain-powered marketplace for in-game items trading across any game platform. In the past 7 days, DMarket has recorded a trading sales volume of $6.9 million.
4. Bitcoinย (BTC) Frogs NFTs
Bitcoinย (BTC) Frogs, a recently launched collection of 10,000 unique frog-themed Non-Fungibleย Tokenย (NFTs), ranked third lastย week. In the past 7 days, The Non-Fungibleย Tokenย (NFT) collection has pumped 1.6 percent in sales volume to $6.4 Million. Still, the Non-Fungibleย Tokenย (NFT) collection hasย decreased by 37 percent in Non-Fungibleย Tokenย (NFT) buyers and 7 percent in Non-Fungibleย Tokenย (NFT) sellers.
5. Mutant Ape Yacht Club NFTs
Mutant Ape Yacht Club is an Non-Fungibleย Tokenย (NFT) collection from digital investment company Yuga Labs. In the past 7 days, the Non-Fungibleย Tokenย (NFT) collection has recorded a trading sales volume, closing our 5 top-selling Non-Fungibleย Tokenย (NFT) lists lastย week. The Non-Fungibleย Tokenย (NFT) collection hasย decreased by 38 percent in the number of Non-Fungibleย Tokenย (NFT) transactions.
Bored Ape Yacht Club #4980 was the most expensive Non-Fungibleย Tokenย (NFT) collection in the lastย week. The Non-Fungibleย Tokenย (NFT) collection sold for $970,000 earlier pastย week. Autoglyphs #376 was the Second most pricey Non-Fungibleย Tokenย (NFT) collection, currentlyย worth $283,000 two days ago.
Other Non-Fungibleย Tokenย (NFT) collections, which sold for head-scratching sum, include Bored Ape Yacht Club #3263 and Bored Ape Yacht Club #8332. The two Non-Fungibleย Tokenย (NFT) collections sold for $181,472 3 days ago. Infinity Space Non-Fungibleย Tokenย (NFT) collection joined the list selling at $181,387 four days ago.
Top Non-Fungibleย Tokenย (NFT) Headlines In The Past 7 Days
Regardlessย of losing some attention and traction between investors and institutions, the non-fungible cryptoย token market persistsย to thrive. In the lastย week, the Non-Fungibleย Tokenย (NFT) market recorded a number of occurrences. Several of the notable headlines included:
1. Ben.Eth Launched His Controversial $PSYOP
Ben.eth, an Non-Fungibleย Tokenย (NFT) collector and influencer, became a subject in the cryptocurrency and Non-Fungibleย Tokenย (NFT) community lastย week. The Non-Fungibleย Tokenย (NFT) investor entered the Non-Fungibleย Tokenย (NFT) sector in 2021 and began sharing Webย 3.0 content before rapidly becoming a supporter of cryptoadz and Bored Ape Yacht Club.
The Ben Drama.
From a nobody to the most talked about figure in the space.
Hereโs the full story ๐งต๐ pic.twitter.com/lfCq08a6zp
โ Nook (@Nook_NFT) May 21, 2023
Ben.eth began chilling cryptocurrency projects like $PEPE earlier inย theย year. Motivatedย by the success of the $PEPE Memeย Coin coin, Ben.eth teamed up with YouTuber and Non-Fungibleย Tokenย (NFT) influencer Ben Armstrong to launch his branded cryptocurrency coin $BEN.
Ben.eth thereafter surrendered his branded $Ben cryptocurrency coin to Bitboy and announced intendsย to launch his sole-owned cryptocurrency Memeย Coin coin, โ$PYSOP.โ In just 24 hours, Ben.eth had received greaterย than $7 Million from his cryptoย token presale.
Earlier pastย week, Ben.eth had been trending, with numerous cryptocurrency users accusing him of rug pull after failing to launch his controversial cryptocurrency cryptoย token. Fortunately, Ben.eth surprised numerous investors after launching his highly anticipated $PSYOP coin.
2. Pudgy Penguin Launched NFT-Inspired Toys
Blue-chip Non-Fungibleย Tokenย (NFT) collection Pudgy Penguins launched their NFT-inspired toys pastย week. The Non-Fungibleย Tokenย (NFT) collection teamed with PMI Ltd. Kidsโ World, an internationally recognized brand for trending childrenโs merchandise and toys, to launch NFT-inspired toys.
Today is the beginning of a new era for Web3.
Weโre excitedย to reveal that Pudgy Toys and Pudgy World are now available. pic.twitter.com/UKbkIAJzvS
โ Pudgy Penguins (@pudgypenguins) May 18, 2023
The new toy collection featured 16 SKUs inspired by Pudgy Penguin Non-Fungibleย Tokenย (NFTs) from the original collection. The 16 Non-Fungibleย Tokenย (NFTs) were picked accordingย to aesthetics, numerous characteristics, and how engaged the owner of the Non-Fungibleย Tokenย (NFT) is with the community.
3. Copium Tank Launched Its Non-Fungibleย Tokenย (NFT) Collection
On Friday lastย week, Copium Tank, the team behind the newly launched cryptocurrency coin on Uniswap $COPIUM, launched a new Non-Fungibleย Tokenย (NFT) collection. The Non-Fungibleย Tokenย (NFT) collection featured a fixed edition of 200 profile picture PFPs on the Ethereumย (ETH) network.
$COPIUM Non-Fungibleย Tokenย (NFT) Airdrop tanks trending on OpenSea! Cope yours now! pic.twitter.com/VCovXaBrgM
โ $COPIUM (@COPIUMDROP) May 19, 2023
The Non-Fungibleย Tokenย (NFT) project, which is driven by humour, fellowship, and the shared experience of navigating the unpredictable cryptocurrency landscape, concentratesย on turning your regrets into riches and transforming past cryptocurrency mishaps into future profits. Copium Tank Non-Fungibleย Tokenย (NFT) has been trending on OpenSea past week.
