Fun

7 NFT Markets Saw Over $356M in Monthly Value Transferred — Opensea, Axie Infinity Eclipse Competition

News Feed - 2021-08-08 04:08:39

7 NFT Markets Saw Over $356M in Monthly Value Transferred — Opensea, Axie Infinity Eclipse Competition


The quantity of monthly USD value transferred from seven leading non-fungible token (NFT) marketplaces has reached a total of $356 million during the first week of August. Currently, the project Cryptopunks is leading the pack when it comes to NFT project sales. Meanwhile, the marketplace Opensea captures the lion’s share of transferred value as the trading platform commands 97.19% of the monthly value settled. Opensea’s Tidal Wave of Monthly Sales Captures Lion’s Share of USD Value Transferred


At the time of writing, the most prominent non-fungible token project this week is Cryptopunks as statistics from nonfungible.com show the project has seen 1,018 sales worth over $166 million during the last week. Cryptopunks is followed by Art Blocks ($61M) and Meebits ($27M) and Superrare ($6.8M) respectively. Additionally, Cryptoarte ($3.5M), Hashmasks ($2.8M), and the Sandbox ($2M) have also contributed to the past week’s 67,538 NFT sales recorded on Saturday, August 7, 2021. Seven-day statistics from nonfungible.com.


According to NFT data stemming from Dune Analytics, the marketplace Opensea is the top NFT trading platform today. Opensea captures a massive 97% of the USD value transferred on a monthly basis between NFT markets like Foundation, Knownorigin, Makersplace, Opensea, Superrare, Rarible, and Asyncart.


Data shows the quantity of U.S. dollars transferred from these seven NFT marketplaces was around $356 million. When it comes to the average USD price per NFT on these marketplaces, Opensea and Superrare capture the highest values. Foundation, Opensea, Rarible, Superrare Users Grow — Axie Infinity Nears Opensea’s $1.35B Volume


Opensea is also nearing close to 200K, as far as users over time are concerned. There are currently 196,906 registered users who have made at least one transaction using Opensea’s marketplace. Superrare’s count is smaller in comparison with only 3,417 registered collectors who have made a single transaction. While Foundation has around 7K, Rarible has over 60K users recorded over time. Metrics stemming from Dune Analytics, the marketplace Opensea is the top NFT trading platform today. Opensea captures a massive 97% of the USD value transferred on a monthly basis between seven NFT markets.


Over the trailing 30 days, NFT sales have been through the roof, as monthly nonfungible.com stats show a grand total of $630 million over 55,815 active wallets. Stats further show 115,124 primary sales and just a hair under $100K in secondary sales over the last 30 days. Metrics from dappradar.com also show that Opensea is the top dog when it comes to all-time NFT volume. All-time volume shows $1.35 billion for Opensea, while Axie Infinity captured $1.086 billion in all-time volume. All-time volume stats for the top 11 NFT projects today according to dappradar.com.


Axie Infinity is followed by Cryptopunks ($647.3M), NBA Top Shot ($638.6M), and Rarible ($182.58M) respectively. Sorare ($97.42M), Superrare ($87.42M), and Atomicmarket ($72.02M) hold the sixth, seventh, and eighth market positions.


What do you think about the growth of NFT sales and marketplaces? Let us know what you think about this subject in the comments section below. "A Lazy Way to Showcase NFTs" — Mark Cuban"s Lazy.com NFT Platform Integrates With Polygon BLOCKCHAIN | 2 days ago Fans Can Buy Game Moment NFTs In Person at the NBA Summer League Games in Vegas BLOCKCHAIN | 3 days ago Tags in this story cryptopunks, foundation, growth, NBA Top Shot, NFT Market Users, NFT Markets, NFT Volume, Opensea, Rarible, Superrare, Top NFT Markets, volume


Image Credits: Shutterstock, Pixabay, Wiki Commons, Dune Analytics, Nonfungible.com, Dappradar.com, Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments

News Feed

WazirX restores balances post-hack, withdrawal timeline unclear
Amaka Nwaokocha11 hours agoWazirX restores balances post-hack, withdrawal timeline unclearThe delay in withdrawals has impacted individual investors and raised concerns about the overall security and reliability of crypt
FTX Execs Gave $70 Million to Both Democrats and Republicans Heading Into the 2022 US Midterms
FTX Execs Gave $70 Million to Both Democrats and Republicans Heading Into the 2022 US Midterms After the collapse of FTX, a number of journalists reported on the fact that FTX exec
Economist and Political Scientist Refute Claims of US Dollar’s Demise Despite Trend of De-Dollarization News
Economist and Political Scientist Refute Claims of US Dollar"s Demise Despite Trend of De-Dollarization News This year, there has been a flurry of news reports and opinion editoria
Logium V1: The Simple Way to Profit From Crypto Betting
Logium V1: The Simple Way to Profit From Crypto Betting sponsored Logium, an ambitious newcomer to the world of crypto betting, has recently undergone a noteworthy refresh to better
Tom Blackstone8 hours agoProof of Stake Alliance updates recommendations for staking providersThe POSA updated its staking principles to say that providers should communicate clearly and not control the amount of liquidi
Play-to-Earn on Playdapp’s Flagship RPG “Along With the Gods: Knights of the Dawn” in 7 Days
Play-to-Earn on Playdapp’s Flagship RPG “Along With the Gods: Knights of the Dawn” in 7 Days press release PRESS RELEASE. Fast-rising Blockchain gaming platform PlayDapp has r
Bitcoin Evangelist Andreas Antonopoulos Plans to Testify in Billion-Dollar Bitcoin Lawsuit
Bitcoin Evangelist Andreas Antonopoulos Plans to Testify in Billion-Dollar Bitcoin Lawsuit On Monday evening November 16, the popular bitcoin evangelist Andreas
Argentinian Government Advances the Creation of a National CBDC
Argentinian Government Advances the Creation of a National CBDC The Argentinian government has taken the first steps in the launch of its own central bank digital currency (CBDC).
Alice Ivey12 hours ago5 entry-level machine learning jobsDiscover the required skills, degree qualifications, job opportunities and industries where entry-level machine learning roles are in demand.1874 Total views4 Tota
Trial Back on After Craig Wright Breaks Bitcoin Settlement Agreement
Australian-born technologist Craig Wright has attested that he cannot finance his court settlement negotiated with the Kleiman estate. According to a court document filed in the Sou
Bitcoin, Ethereum Technical Analysis: ETH Lower, as USD Gains Following Strong Q3 Earnings
Bitcoin, Ethereum Technical Analysis: ETH Lower, as USD Gains Following Strong Q3 Earnings Ethereum was back below the $1,300 level on Wednesday, as the U.S. dollar rose following
Crypto Exchange Binance Restricts 281 Nigerian Accounts — Some Requested by International Law Enforcement
Crypto Exchange Binance Restricts 281 Nigerian Accounts — Some Requested by International Law Enforcement Cryptocurrency exchange Binance has restricted 281 Nigerian user account