NFT sales drop 9.6% to $160.9m, Ethereum and Bitcoin network sales plunge

As Bitcoin surges towards the $100,000 mark, hitting a brand new all-time excessive of $99,655.50, gross sales quantity of the non-fungible token (NFT) has seen a 9.6% decline to $160.9 million.

The worldwide cryptocurrency market cap has continued to rise, reaching $3.35 trillion, up from final week’s $3.03 trillion. This represents a 2% enhance from the previous day, with Bitcoin (BTC) at present buying and selling at $98,620.

Final week’s NFT gross sales quantity was $178.8 million. Nevertheless, in keeping with current information from CryptoSlam, the NFT market has seen a downturn.

• NFT gross sales quantity fell to $160.9 million
• Ethereum (ETH) blockchain leads with $51.3 million in income (down 23.07%)
• Bitcoin follows with $44.6 million (down 25.67%)
• The variety of NFT consumers elevated by 52.93% to 450,512
• NFT sellers rose 46.74% to 277,767
• NFT transactions fell barely by 1.26% to 1,606,261

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Ethereum NFT gross sales drop 23.07%

Ethereum NFT blockchain gross sales quantity fell to $51.3 million this week, marking a decline of 23.07% over the previous seven days.

The variety of NFT consumers on the Ethereum blockchain grew to 42,157, a rise of 31.45%.

Supply: Blockchains by NFT Gross sales Quantity (CryptoSlam)

Bitcoin maintained its second place regardless of falling 25.67% prior to now seven days.

Based on the info, Bitcoin blockchain NFT quantity reached $44.63 million, with wash buying and selling rising 46.05% to $1.57 million.

Solana (SOL) secured the third place with $25.8 million and confirmed resilience with an increase of 6.83% over the previous seven days.

Polygon (POL) rose to fourth place with $13.5 million, exhibiting a outstanding development of 289.66% over the previous seven days.

Mythos Chain (MYTH) took the fifth place with revenues of $10.7 million, exhibiting a marginal decline of 0.71%.

BRC-20 NFTs preserve their market management

BRC-20 NFTs proceed to steer the pack with gross sales quantity of $16.6 million, regardless of a 41.39% decline.

MGGA Hat on Polygon took second place with $10 million in income, whereas CryptoPunks adopted with $9.2 million, exhibiting a decline of 60.26%.

High NFT Gross sales: Information from CryptoSlam

The most recent information reveals that the next NFT collections topped gross sales this previous week:

• Uncategorized ordinals #016 bought for $3,795,420 (39,0083 BTC)
• CryptoPunks #7098 bought for $368,889 (118 ETH)
• CryptoPunks #6285 bought for $339,618 (100 ETH)
• CryptoPunks #3152 bought for $332,825 (98 ETH)
• Autoglyphs #210 bought for $279,868 (90 WETH)

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