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NFT Weekly Sales Volume Improves Jumping 17% Higher Than the Week Prior – Bitcoin News

cryptonews100_tggfrn by cryptonews100_tggfrn
March 17, 2022
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NFT Weekly Sales Volume Improves Jumping 17% Higher Than the Week Prior – Bitcoin News
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NFT Weekly Sales Volume Improves Jumping 17% Higher Than the Week Prior

After cryptocurrency property jumped in worth this week, following the Federal Reserve’s charge hike on Wednesday, non-fungible token (NFT) weekly gross sales quantity knowledge exhibits an enchancment from final week’s gross sales metrics. At the time of writing, by way of seven-day gross sales quantity, the combination NFT gross sales quantity elevated by 17.86% this week to $457 million.

NFT Sales Rebound — BAYC, MAYC, Meebits Lead the Pack

Non-fungible token (NFT) gross sales quantity has rebounded this week after weeks of sliding sales volumes. In keeping with statistics from cryptoslam.io, out of 15 totally different blockchain networks, seven-day gross sales have jumped 17.86% this week. Metrics point out that the combination NFT gross sales quantity throughout the final week was $457.67 million.

NFT Weekly Sales Volume Improves Jumping 17% Higher Than the Week Prior
Seven-day NFT gross sales quantity statistics from cryptoslam.io.

The blockchain Ethereum (ETH) captured the most gross sales quantity with $398 million of the combination offered throughout the week. Ethereum-based NFT gross sales have elevated by 21.61% by way of 64,347 NFT consumers and 158,169 transactions.

Out of the high ten blockchains by NFT gross sales quantity this week, Avalanche-based NFT gross sales jumped 41.06%. Different notable gross sales will increase stemmed from Move up 13.95% and Binance Sensible Chain up 17.54% this week.

NFT Weekly Sales Volume Improves Jumping 17% Higher Than the Week Prior
The highest 5 blockchains by way of NFT gross sales this week in accordance with cryptoslam.io metrics.

Metrics additional present the high NFT assortment rankings by gross sales quantity over the final seven days inserting Bored Ape Yacht Membership (BAYC) at the high of the rankings. BAYC NFT gross sales this week jumped 301.26% commanding greater than $74.5 million in ether-based gross sales.

NFT Weekly Sales Volume Improves Jumping 17% Higher Than the Week Prior
This week’s fifth-largest sale was Bored Ape Yacht Membership (BAYC) #9135 for 216.69 wrapped ethereum (WETH) or $599K.

BAYC’s sister NFT mission, Mutant Ape Yacht Membership (MAYC) additionally skilled a surge this week. MAYC NFT gross sales this week have elevated by 321.80% with its $52.7 million in quantity. The third-largest assortment over the final seven days by way of gross sales is Meebits, an NFT compilation that jumped 708.11% this week in gross sales quantity.

In actual fact, 4 of the week’s costliest NFTs offered are Meebit NFTs. The costliest NFT sale was Meebit #19564 offered for 301.74 wrapped ethereum (WETH) or $833K.

All three of the aforementioned NFT collections additionally maintain the top three floor values right this moment by way of gross sales quantity. On March 17, 2022, the BAYC assortment’s flooring worth is 89 ether or roughly $250K. MAYC holds the second-highest flooring with 17.8 ether or round $50K, whereas the Meebit’s flooring worth right this moment is 4.55 ether ($12.7K).

When it comes to this week’s high NFT marketplaces by sales volume over the final seven days, Opensea took the high place. Opensea’s gross sales quantity was adopted by Looksrare, Bloctobay, Mobox, Atomicmarket, Magic Eden, and Nftrade.

Tags on this story
$457 million, 17.86%, 7-day NFT sales, Atomicmarket, Avalanche, Binance Smart Chain, Bloctobay, Bored Ape Yacht Club (BAYC), BSC, cryptoslam.io, Ethereum, Flow, looksrare, Magic Eden, Meebits, Mobox, Mutant Ape Yacht Club (MAYC), NFT collection, NFT compilation, NFT sales, NFT sales volume, NFT weekly sales, Nftrade, Opensea, ronin, sales, Solana

What do you concentrate on the enchancment NFT gross sales noticed this week? What do you concentrate on this week’s main NFT collections? Tell us what you concentrate on this topic in the feedback part beneath.

Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a monetary tech journalist residing in Florida. Redman has been an lively member of the cryptocurrency group since 2011. He has a ardour for Bitcoin, open-source code, and decentralized functions. Since September 2015, Redman has written greater than 5,000 articles for Bitcoin.com News about the disruptive protocols rising right this moment.




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