Weekly Digital Collectible Sales Cool Off
This week, NFT sales dipped by 1.18% compared to the previous week, totaling $107.05 million. The majority of sales, 61% or $65.86 million, were on the Ethereum blockchain. Here are the key points:
- ETH-based NFT sales increased by 7.41% from the prior week.
- Solana had the second-highest sales at $9.64 million, a 4.8% increase.
- Polygon followed with sales of $8.41 million.
- Mythos had sales of $6.30 million.
- Immutable X and BNB Chain had sales of $4.55 million and $4.46 million, respectively.
These top eight blockchains accounted for 96.49% of the week’s NFT sales. The highest-grossing NFT collection was Degods, with sales of $6.59 million. Dmarket and Bored Ape Yacht Club (BAYC) were also top performers with sales of $6.25 million and $5.43 million, respectively.
Other notable collections included Gods Unchained, Draftkings, Sorare, Mutant Ape Yacht Club (MAYC), Wreck League, The Captainz, and Cryptopunks. These top ten collections contributed $38.73 million, representing 36.17% of the week’s sales.
The standout sale of the week was Autoglyph #490, which sold for $287,331. Cryptopunks also had high-value sales, with #7107 and #5342 fetching $114,198 and $110,877, respectively. The total sales for the top six NFTs reached an impressive $833,509.
Hot Take
The NFT market experienced a slight decline in sales this week, but Ethereum remained the dominant blockchain. Cryptopunks continued to attract high prices, showcasing the enduring popularity of these digital collectibles.
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