Non-fungible token (NFT) assets have been around since at least 2014, but according to Google Trends data, interest began growing in January 2021 In January 2021, interest began to grow. About a year later, the search term “NFT” reached its highest score on Google Trends. During that time, the top five NFT collections in terms of all-time sales totaled $12.7 billion in sales.
Five Non-Fungible Token projects earned $12.7 billion in sales
Two years ago, the search query “NFT” first appeared on Google Trends (GT) with a score of; in the first month of 2021 it scored 1 out of 100. Prior to that, GT data showed little interest in NFT, despite its existence since 2014; a year later, NFT was quite popular and searches for the term spiked so much that the search query reached a score of 100. After another year, interest in NFT dropped off significantly, and by the week of January 22-28, 2023, the search query reached a score of 11 out of 100.
As of the end of January 2023, the index shows that the top five NFT collections in terms of all-time sales have combined for $12.7 billion in sales since they began receiving significant attention. dappradar.com’sdatashows that over the past two years The top NFT sales volume is Axie Infinity, which has accumulated $4.27 billion in sales volume. on January 28, 2023, dappradar.com reported that Axie Infinity has a market capitalization of $1.37 million. The site explains that “market capitalization equals floor price multiplied by total collection supply.”
Cryptopunks follows Axie Infinity in overall sales volume, with $3.02 billion in all-time sales volume. Its current market capitalization is $1.04 billion, larger than Axie’s market capitalization. According to the data, 7,503 traders are trading Cryptopunks NFT with 23,259 sales. Next in the top collection is Bored Ape Yacht Club (BAYC), with $2.39 billion in all-time sales volume; BAYC has recorded 31,225 sales out of 15,176 traders. Its current market capitalization is slightly lower than cryptopunk, at $1.02 billion.
The fourth largest NFT collection by all-time sales is Mutant Ape Yacht Club, with $1.66 billion.Mutant Ape Yacht Club (MAYC) has an overall market capitalization of about $427 million, out of 30,475 MAYC traders, 47 ,744 sales have been recorded. The fifth largest NFT collection by all-time sales is Artblocks, with worldwide sales of $1.36 billion. The current market capitalization is approximately $143 million, with 227,294 of the 54,842 traders recorded as having sold on the project. All