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This Week’s NFT Sales Slid 5% Lower Than Last Week, Ethereum NFT Sales Accounted for 76.8% of the Volume

  • Ralph Smith
  • 06/12/2022
  • 2 minute read
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This Week’s NFT Sales Slid 5% Lower Than Last Week, Ethereum NFT Sales Accounted for 76.8% of the Volume

Market Data NFT on Monday 12/05/2022 This shows that sales of Non Fungible Tokens (NFT) decreased by 5.23% from last week, despite a 15.16% increase in purchasers. Of the $112.7 million in NFT sales last week, Ethereum-based NFTs accounted for $86.59 million, or 76.8% of the $112 million in sales.

7-day NFT sales down 5.23% from last week, with Cryptopunk #4,181 selling for $187,000 in this week’s top NFT sale

around $112.70 million According to cryptoslam.io statistics, NFT sales have been recorded in the last 7 days. Volume was 5.23% lower than last week’s sales volume, and metrics show his NFT transactions increased by 2.4%.

This Week’s NFT Sales Slid 5% Lower Than Last Week, Ethereum NFT Sales Accounted for 76.8% of the Volume
NFT sales over the last 7 days by Cryptoslam.io.

Most of the sales came from Ethereum-based NFTs, as ETH-based NFT sales for the past 7 days were $86.59 million. However, ETH-based NFT turnover is 10.06% lower than NFT turnover attributed to the Ethereum blockchain.

This Week’s NFT Sales Slid 5% Lower Than Last Week, Ethereum NFT Sales Accounted for 76.8% of the Volume
Top 5 blockchains by revenue over the past week.

Solana NFT sales increased 29.57%, recording $16.11 million in NFT sales in the past week. Algorand saw a significant increase of 55.15% higher than last week’s ALGO-based NFT sales, but ALGO NFTs had only $93,242 in total sales last week.

Arbitrum also saw a 50.10% increase in network NFT sales this week over what was recorded last week. However, Arbitrum NFT’s sales are only $269,453 out of NFT’s total sales of $112.7 million.

The fourth largest blockchain by weekly NFT turnover was Cardano, with $1,680,901 in NFT turnover. Cardano NFT sales increased by 8.89% over blockchain NFT sales last week.

This Week’s NFT Sales Slid 5% Lower Than Last Week, Ethereum NFT Sales Accounted for 76.8% of the Volume
Most expensive NFT collector’s sale of the week as of 12/5/2022, according to cryptoslam.io stats.

Immutable X was the third-biggest seller at $4,128,023, down 2.73% from the previous week. The NFT collection with the most sales in the last seven days was Otherdeed with $8,632,529 in 3,990 transactions.

Following Otherdeed, Bored Ape Yacht Club (BAYC) had sales of $6,448,670 and Mutant Ape Yacht Club recorded her seven-day sales of $5,872,336. The collections Clonex, Light Years Mint Pass, Sorare, Y00t, Gods Unchained, Cryptopunks and Azuki each followed with seven days of sales.

The most expensive NFT sold last week was Cryptopunk #4,181, his ETH-based NFT that sold for $187,000 two days ago. Cryptopunk #4,181 was followed by BAYC #276 for $179,000 and Azuki #9,143 for $174,000. At the time of writing, between the Cryptopunks collection and BAYC compilation, BAYC has the most expensive lowest price on December 5, 2022.

Image CreditsShutterstock, Pixabay, Wiki Commons, Editorial Photo Credits: cryptoslam.io Data, BAYC, Cryptopunks, Azuki

Coins: Ethereum
Ralph Smith

Cryptocurrency geek. Met with Bitcoin and altcoins back in 2011, when the price of BTC was about 10$. Writing articles since 2014 to these days.

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