NFT sales spike to $224m, Pudgy Penguins sales surge 50%

by Axel Orn

The NFT market sales beget surged amid blended cryptocurrency mark action, with Bitcoin reclaiming the $100,000 level while Ethereum retreated from final week’s $4,000 mark.

The world cryptocurrency market capitalization has a minute contracted to $3.63 trillion from final week’s $3.67 trillion as per CoinMarketCap info.

In step with the most up-to-date info from CryptoSlam, the NFT market has surged 16.36%, with complete sales volume reaching $224.5 million. Nonetheless, the knowledge reveals that the different of irregular investors has decreased by 73.97% to 180,641.

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Ethereum community sees a 21% surge

The Ethereum (ETH) blockchain continues to dominate with $118.9 million in sales, exhibiting a 21.33% accomplish higher over the earlier duration. The community has seen a surge in wash shopping and selling, which elevated by 117.35% to $43.8 million.

Bitcoin’s (BTC) NFT ecosystem sales beget reached $51.8 million, marking a 14.Seventy nine% accomplish higher. The community’s wash shopping and selling has shown a life like accomplish higher of 11.30%, suggesting moderately cleaner shopping and selling process when in contrast to Ethereum.

NFT sales spike to 4m, Full Penguins sales surge 50% - 1
Provide: Blockchains by NFT Gross sales Volume (CryptoSlam)

Solana (SOL) has strengthened its problem with $21.4 million in sales, with a progress of 32.12%. Mythos Chain (MYTH) and ImmutableX (IMX) total the tip 5, with sales of $10.9 million and $8.5 million, respectively.

The assortment rankings beget seen major changes: Full Penguins — the assortment includes 8,888 irregular penguin avatars — retained its first problem. Their sales volume reached $30 million, marking a 51.fifty three% accomplish higher from the earlier duration.

Full Penguins has evolved beyond honest digital art; the mark now explores a form of licensing alternatives, in conjunction with physical merchandise and toys inspired by the NFT characters.

BRC-20 NFTs preserve solid efficiency with $15.5 million in sales, exhibiting a 54.63% accomplish higher. A indispensable newcomer, LilPudgys, has shown a 1,021.54% surge in sales, reaching $13.5 million.

Azuki and Guild of Guardians Heroes spherical out the tip 5, with Azuki exhibiting explicit energy with a 179.46% accomplish higher in sales.

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Top NFT sales: Data from CryptoSlam

Critical particular person sales this week comprise:

  • SuperRare #37380 sold for $425,103 (108.3 WETH)
  • Autoglyphs #319 sold for $394,317 (100 WETH)
  • BOOGLE #HtZnzPMtm2LvtZUwuft sold for $261,004 (1,235.02 SOL)
  • CryptoPunks #735 sold for $254,665 (68 ETH)
  • Autoglyphs #172 sold for $224,820 (224,820 USDC)
Be taught extra: Crypto VC funding: Avalanche Labs secures $250m funding

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