Fun

While Overall NFT Transactions and Buyers Are Down, NFT Sales Jumped 2% Higher Than Last Week

News Feed - 2022-10-24 01:10:49

While Overall NFT Transactions and Buyers Are Down, NFT Sales Jumped 2% Higher Than Last Week


During the last week, non-fungible token (NFT) sales volume has managed to climb 1.9% higher than the week prior with $85 million in NFT sales in seven days. However, the number of NFT buyers slid by 12.63%, and the number of NFT transactions is down 19.19% on October 23, 2022. NFT Sales Record a Slight Increase, Number of NFT Transactions Slides 19% Lower


While NFT sales are a lot lower than they were a few months ago, this past week with $85,068,480 in sales volume according to cryptoslam.io, NFT sales are up 1.9%. The top collection this week selling the most NFTs stemmed from Sorare as the Ethereum-based project saw $8.5 million in sales.


Bored Ape Yacht Club (BAYC) reigned in the second position in terms of seven-day sales, raking in $6.69 million. Besides Sorare and BAYC, Gods Unchained, Azuki, and Cryptopunks hold positions in this week’s top five-selling NFT collections. The last seven days saw a recorded $85,068,480 in NFT sales, which is up 1.9% higher than last week’s NFT sales.


Ethereum commands the most sales out of 17 blockchains listed on cryptoslam.io. The Ethereum (ETH) network recorded $64.48 million out of the aggregate $85 million in NFT sales this past week. ETH-based NFT sales increased this week by 10.7% higher than last week’s ETH-based NFT sales. Top five most expensive NFT sales during the last seven days on October 23, 2022, according to cryptoslam.io metrics.


Alongside ETH, Solana, Immutable X, Flow, BNB, and Ronin command the top five positions in terms of NFT sales per blockchain. Immutable X NFT sales climbed 79.88% higher than the week prior while Solana NFT sales slipped 29.13% lower than last week.


The most expensive NFT sale this past week was Digidaigaku #1632 – Ifrit, which sold for $262K four days ago, and the second most expensive NFT sales was V1 PUNK #6915, which sold for $236K. V1 PUNK #6915 was followed by Azuki #1582, Bored Ape #3429, and Bored Ape #8477 respectively.


Nftpricefloor.com stats show that the most expensive floor value today is from the BAYC collection followed by the Cryptopunks collection. BAYC and Cryptopunks are followed by Mutant Ape Yacht Club (MAYC), The Sandbox, and Autoglyphs respectively. At the time of writing the most inexpensive BAYC today is 71.69 ETH or $93,986. Tags in this story 7-day NFT sales, BAYC, bnb, Bored Ape Yacht Club, cryptopunks, cryptoslam.io, Ethereum, Floor Values, Flow, Immutable X, nft, NFT collection, NFT collections, NFT floor values, NFT sales, NFT sales volume, NFT weekly sales, NFTs, Non-fungible Token, Opensea, sales, Sales Volume, Solana


What do you think about the last seven days of NFT sales? Let us know your thoughts about this subject in the comments section below. Jamie Redman


Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today. Investment Strategist Discusses Bitcoin "Entering Unstoppable Maturation Stage" — Says Price Should Continue to Rise MARKETS AND PRICES | 18 hours ago Bitcoin Now Less Volatile Than Nasdaq and S&P 500 — Stock Markets More Reactive to Inflation, Strong Dollar, Rate Hikes, Energy Crisis MARKETS AND PRICES | 22 hours ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleAn Unknown Miner Commands More Than 51% of BSV’s Hashpower, Consecutive Strings of Empty Blocks Makes Chain Unreliable Next articleAnalysts Say an Onslaught of Fed Rate Hikes Could Spur a ‘Bond Market Flash Crash’ or ‘Blow up the Treasury’ 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 More Popular NewsIn Case You Missed ItBitcoin ATM Operator Indicted in New York Allegedly Running Illegal Business Attracting Criminals


A bitcoin ATM operator has been indicted in New York for running an illegal business "marketed towards individuals engaged in criminal activity." The district attorney in charge described: "Robert Taylor allegedly went to great lengths to keep his bitcoin kiosk ... read more.Argentinian Securities Regulator Launches Innovation Hub to Discuss Regulated Crypto Investments Bill ‘On Digital Currency’ Caps Crypto Investments for Russians, Opens Door for Payments Privacy-Centric Monero Plans for July Hard Fork, Plans Include Ring Signature, Bulletproof Upgrade Australia to List Bitcoin ETF After 4 Clearinghouse Participants Commit to Meet Stringent Margin Terms

News Feed

Bitcoin traders risk-off as BTC price falls to $62K — Is a generational bottom approaching?
Nancy Lubale3 hours agoBitcoin traders risk-off as BTC price falls to $62K — Is a generational bottom approaching?Bitcoin traders anticipate a potential price drop below $60,000. Will dip buyers show up?6482 Total view
Grayscale Investments Terminates XRP Trust Citing Impact of SEC Lawsuit Against Ripple
Grayscale Investments Terminates XRP Trust Citing Impact of SEC Lawsuit Against Ripple Grayscale Investments is shutting down its Grayscale XRP Trust and liquida
Nexo Agrees to Pay $45 Million to SEC and State Regulators for Unregistered Offering of Earn Interest Product
Nexo Agrees to Pay $45 Million to SEC and State Regulators for Unregistered Offering of Earn Interest Product The cryptocurrency lender, Nexo, has agreed to pay $45 million to the
Solana drops 5% on new FTX plan, quick rebound to wipe $125M shorts
Ciaran Lyons2 hours agoSolana drops 5% on new FTX plan, quick rebound to wipe $125M shortsIf Solana recovers as quickly as it has in recent times, approximately $125 million in short positions will be liquidated.1061 Tot
Cypher core contributor admits to stealing $260K and gambling it away
Jesse Coghlan7 hours agoCypher core contributor admits to stealing $260K and gambling it awayThe contributor, “hoak,” said their actions were due to a “crippling gambling addiction” and “psychological factors t
Why Is Alchemy Pay (ACH) On The Rise?
Why Is Alchemy Pay (ACH) On The Rise? press release PRESS RELEASE.July has seen a jump in crypto prices, and none more so than the utility token of Alchemy Pay, ACH.
Can Bitcoin Break Historical September Price Trends? Spike Above $51K Suggests 2021’s 9th Month Is Different
Can Bitcoin Break Historical September Price Trends? Spike Above $51K Suggests 2021"s 9th Month Is Different The price of bitcoin has risen above the $51K zone on Sunday and trader
Swiss VC Launches African Blockchain Early Stage Fund
Swiss VC Launches African Blockchain Early Stage Fund Crypto Valley Venture Capital has announced the launch of an early-stage fund for African blockchain startups. Already, the ve
Fading Spot Volumes And Muted Futures Sentiment Threaten To Send Bitcoin Below $99,000 Again
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
A String of 200 ‘Sleeping Bitcoins’ From 2010 Worth $4.27 Million Moved on Friday
A String of 200 "Sleeping Bitcoins" From 2010 Worth $4.27 Million Moved on Friday While the price of bitcoin is holding above the $21K per unit range, four bitcoin block rewards mi
Instagram Is ‘Exploring NFTs’ to ‘Make Them More Accessible to a Wider Audience,’ Says CEO
Instagram Is "Exploring NFTs" to "Make Them More Accessible to a Wider Audience," Says CEO According to the CEO of Instagram, Adam Mosseri, the social media application is looking
Is Solana In A Macro Trend Move? Charts Show Potential Shift
Este artículo también está disponible en español. Solana (SOL) is trading at its lowest price level since September 2024, as the entire crypto market struggles with fear