NFT sales plunge 42% to $93m, Pudgy Penguins sales nosedive 76%

Based on knowledge from CryptoSlam, NFT (non-fungible token) gross sales quantity fell 42.42% to $93.18 million from final week’s $161.7 million.

Regardless of the collapse in gross sales, market participation has improved, with NFT consumers up 33.09% to 509,668 and sellers up 21.04% to 413,225. NFT transactions fell 7.63% to 1,543,392.

On the identical time, the value of Bitcoin (BTC) has returned to the $111,000 degree after current weak point.

Ethereum (ETH) has regained the $3,900 degree as the general crypto market reveals renewed energy.

The worldwide cryptocurrency market cap now stands at $3.75 trillion, up from final week’s $3.62 trillion. Nevertheless, the NFT sector has seen a pointy turnaround.

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DMarket takes first place as Pudgy Penguins collapses

DMarket on the Mythos blockchain has claimed the highest spot with income of $9.05 million, up 12.11% from final week’s $8.07 million.

The gathering processed 286,645 transactions and attracted 19,577 consumers and 15,873 sellers.

DX Terminal on Base fell to second place with $7.56 million, down 20.58% from final week’s $9.99 million. The gathering recorded 406,415 transactions with 100,205 consumers and 100,091 sellers.

Supply: Prime Collections by NFT Gross sales Quantity (CryptoSlam)

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Pudgy Penguins suffered a major drop to 3rd place. The gathering grossed $3.8 million, down 76.27% from final week’s $15.61 million. The Ethereum assortment had solely 128 transactions, with 73 consumers and 77 sellers.

Guild of Guardians Heroes on Immutable-Zk got here in fourth on the rankings with $3.45 million, up 41.06%. The gathering had 2,837 transactions.

Two Bitcoin BRC-20 NFT collections made the highest seven. $ATMC BRC-20 NFTs completed in fifth place with $3.21 million, up 38.3%, whereas $?? BRC-20 NFTs completed in sixth place with $2.9 million, up 57.5%.

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Ethereum retains the lead regardless of a steep decline

Ethereum took the highest spot with income of $35.04 million, down 65.64% from final week’s $102.67 million. The community recorded $4.06 million in laundry trades, bringing the entire to $39.10 million.

Regardless of the decline in gross sales, consumers elevated by 41.05% to 47,352.

Bitcoin jumped to second place with $13.17 million, up 11.14% from final week’s $10.11 million. The community noticed 13,462 consumers, a rise of 60.49%.

Supply: Blockchains by NFT Gross sales Quantity (CryptoSlam)

The bottom fell to 3rd place with $10.19 million, down 19.8% from final week’s $13.20 million.

The blockchain recorded $4.90 million in wash trades, with the variety of consumers rising 13.56% to 257,187.

Mythos Chain climbed to fourth place with $9.27 million, up 13.52% from final week’s $8.23 million. The blockchain attracted 33,791 consumers, a rise of 42.9%.

Immutable (IMX) secured the fifth place with $5.73 million and rose 41.05%. The community had 6,012 consumers, a rise of 40.96%.

BNB Chain (BNB) completed in sixth place with $5.33 million, down 19.62% from final week’s $6.51 million. The variety of consumers elevated by 52.26% to 32,769.

Solana (SOL) completed in seventh place with $4.92 million, down 6.23% from final week’s $5.40 million. The community recorded 30,713 consumers, a rise of 40.36%.

Report-breaking good deed NFT gross sales

A Good Deed NFT shattered information with gross sales of $44.89 million (70,200,565,5751 ADA), which closed a day in the past. This is likely one of the most beneficial NFT gross sales in current months.

Recognized provenance #264609 offered six days in the past for $246,984.31 (63.8 ETH).

Three CryptoPunks accomplished the highest 5:

• CryptoPunks #7839 offered six days in the past for $174,846.97 (44.99 ETH)
• CryptoPunks #7378 offered two days in the past for $173,119.61 (45 ETH)
• CryptoPunks #7461 offered 5 days in the past for $167,646.53 (42 ETH)

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